Minnesota Statutes
Minn. Stat. § 64B.18 (2026)
Benefits Not Attachable
✓ current as of May 2026
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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.
Notes of Decisions
Cited in 4
cases, 1987–1987 · leading case: In Re Tveten, 402 N.W.2d 551 (Minn. 1987).
In Re Tveten, 402 N.W.2d 551 (Minn. 1987). “11 and Minn. Stat. § 64B.18. In objecting to his exemption claims, the creditors contend that the statutes do not exempt the annuities or the life insurance policy, but if they do, that the statutes are unconstitutional under Minn.”
TCF Banking & Sav. v. Leonard (In Re Erickson), 82 B.R. 97 (D. Minnesota 1987). “Therefore, pursuant to Minn.Stat. §§ 64B.18 and 550.37, subd. 11, the debtors’ annuities were exempt assets.”
Norwest Bank Nebraska, N.A. v. Tveten (In Re Tveten), 70 B.R. 529 (Bankr. D. Minn. 1987). “37 and § 64B.18 (1986). Minnesota statute § 550.”
In Re Hilary, 76 B.R. 683 (Bankr. D. Minn. 1987). “11 and § 64B.18 for fraternal benefit society benefits to be unconstitutional because they were without dollar or other limitation.”
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