2010 Georgia Code 33-28-7 Case Law
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One Click Case Law for § 33-28-7
O.C.G.A. § 33-28-6 <-- --> O.C.G.A. §33-29-1



2010 Georgia Code

TITLE 33 - INSURANCE

CHAPTER 28 - ANNUITY AND PURE ENDOWMENT CONTRACTS
§ 33-28-7 - Proceeds of annuity, reversionary annuity, or pure endowment contracts not liable to attachment, garnishment, or legal process in favor of creditors of beneficiary

O.C.G.A. 33-28-7 (2010)
33-28-7. Proceeds of annuity, reversionary annuity, or pure endowment contracts not liable to attachment, garnishment, or legal process in favor of creditors of beneficiary


The proceeds of annuity, reversionary annuity, or pure endowment contracts issued to citizens or residents of this state, upon whatever form, shall not in any case be liable to attachment, garnishment, or legal process in favor of any creditor of the person who is the beneficiary of such annuity contract unless the annuity contract was assigned to or was effected for the benefit of such creditor or unless the purchase, sale, or transfer of the policy is made with the intent to defraud creditors.

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Graham W. Syfert, Esq., P.A.
Phone: 904-383-7448
Fax: 904-638-4726

graham@syfert.com