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O.C.G.A. § 30-9-15 — Assignment of ABLE account prohibited | Georgia Code
O.C.G.A. § 30-9-15 (2018) Copy Cite Official Site Syfertize CourtListener Scholar Amendments

TITLE 30 HANDICAPPED PERSONS

Section 9. Georgia Achieving a Better Life Experience (ABLE), 30-9-1 through 30-9-16.

30-9-15. Assignment of ABLE account prohibited.

An ABLE account may not be assigned for the benefit of creditors, used as security or collateral for any loan, or otherwise subject to alienation, sale, transfer, assignment, pledge, encumbrance, or charge. Except as provided in Code Section 30-9-14, moneys paid into or out of an ABLE account, and the income and assets of such account, are not liable to attachment, levy, garnishment, or legal process in this state in favor of any creditor of or claimant against any designated beneficiary or account contributor.

(Code 1981, §30-9-15, enacted by Ga. L. 2016, p. 588, § 1/HB 768.)

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This Georgia Code resource is curated by an Orange Park personal injury and workers' comp lawyer, a personal injury and workers' compensation attorney admitted in Georgia (State Bar of Georgia No. 881027, since 2006) and Florida. For legal consultation, call 904-383-7448.