O.C.G.A.
O.C.G.A.

O.C.G.A. § 33-26-5 (2019)

Right of beneficiaries and assigns of insurance policies to proceeds as against creditors and representatives of insured

✓ O.C.G.A.: 2019 edition (Public.Resource.Org Release 73)
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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The proceeds and avails of any industrial life insurance policy shall be free from the claims of creditors and representatives of the insured and of persons effecting the same to the same extent and under the same conditions as provided for in the case of other life insurance policies under Code Section 33-25-11.

History

Code 1933, § 56-2905, enacted by Ga. L. 1960, p. 289, § 1; Code

1933, § 56-2906, as redesignated by Ga. L. 1981, p. 936, § 1.

Annotations

RESEARCH REFERENCES ALR. - Enforceability, in forum, of extraterritorial waiver of debtor’s exemption valid where made, 60 A.L.R.2d 1449.