Section 64B.18 Benefits Not Attachable
64B.18 BENEFITS NOT ATTACHABLE.
The cash value, proceeds, or benefits under any matured or unmatured life insurance or annuity contract issued before, on, or after June 2, 1987, by any society authorized to do business under this chapter, is exempt from attachment, garnishment, execution, or other legal process to the extent provided by section 550.37, subdivisions 10, 23, and 24.
History:
1985 c 49 s 18; 1987 c 337 s 87; 1987 c 384 art 1 s 3