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