TITLE 33 INSURANCE

Section 26. Industrial Life Insurance, 33-26-1 through 33-26-7.

ARTICLE 4 UNDERWRITING AND RATE RISKING

33-26-5. Right of beneficiaries and assigns of insurance policies to proceeds as against creditors and representatives of insured.

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.

(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.)