Texas Insurance Code § 1551.011 Exemption From Execution

Sec. 1551.011. EXEMPTION FROM EXECUTION. All benefit payments, contributions of employees and annuitants, and optional benefit payments, any rights, benefits, or payments accruing to a person under this chapter, and all money in a fund created by this chapter:

(1) are exempt from execution, attachment, garnishment, or any other process; and

(2) may not be assigned, except:

(A) for direct payment that a participant may assign to a provider of health care services; and

(B) as specifically provided by this chapter.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.

Section: Previous  1551.004  1551.005  1551.006  1551.007  1551.008  1551.009  1551.010  1551.011  1551.012  1551.013  1551.014  1551.051  1551.052  1551.053  1551.055  Next

Last modified: September 28, 2016