Illinois Statutes

§ 19-218 — Annuities exempt from execution - Assignments prohibited

Illinois § 19-218
JurisdictionIllinois
TopicGOVERNMENT
Ch. 40PENSIONS
Act 40 ILCS 5/Illinois Pension Code.
Art.Article 19 - Closed Funds

This text of Illinois § 19-218 (Annuities exempt from execution - Assignments prohibited) is published on Counsel Stack Legal Research, covering Illinois primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
40 Ill. Comp. Stat. 19-218 (2026).

Text

All annuities granted under the provisions of "The 1905 Act" or this Division shall be exempt from attachment and garnishment process, and no annuitant shall have the right to transfer or assign his or her annuity, either by way of mortgage or otherwise.

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Legislative History

(Source: Laws 1963, p. 161.)

Nearby Sections

15
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Bluebook (online)
Illinois § 19-218, Counsel Stack Legal Research, https://law.counselstack.com/statute/il/40/19-218.