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Florida Homestead And Exemptions Code Section 222.14 - Method Of Setting Apart Homestead And Exemptions - Exemption of cash surrender value of life insurance policies and annuity contracts from legal process.

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Title XV   HOMESTEAD AND EXEMPTIONS

Chapter 222   METHOD OF SETTING APART HOMESTEAD AND EXEMPTIONS

222.14  Exemption of cash surrender value of life insurance policies and annuity contracts from legal process.--The cash surrender values of life insurance policies issued upon the lives of citizens or residents of the state and the proceeds of annuity contracts issued to citizens or residents of the state, upon whatever form, shall not in any case be liable to attachment, garnishment or legal process in favor of any creditor of the person whose life is so insured or of any creditor of the person who is the beneficiary of such annuity contract, unless the insurance policy or annuity contract was effected for the benefit of such creditor.

History.--s. 1, ch. 10154, 1925; CGL 7066; s. 1, ch. 78-76.

Last modified: November 21, 2006