Annuities not subject to legal process

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§1440. Annuities not subject to legal process

Except as provided in section 1437(c)(3)(B) of this title, no annuity payable under this subchapter is assignable or subject to execution, levy, attachment, garnishment, or other legal process.

(Aug. 10, 1956, ch. 1041, 70A Stat. 111 ; Pub. L. 92–425, §1(2)(A), Sept. 21, 1972, 86 Stat. 706 ; Pub. L. 98–525, title VI, §642(a)(2), Oct. 19, 1984, 98 Stat. 2546 ; Pub. L. 99–145, title XIII, §1303(a)(10), Nov. 8, 1985, 99 Stat. 739 .)

Historical and Revision Notes
Revised sectionSource (U.S. Code)Source (Statutes at Large)
1440 37:378. Aug. 8, 1953, ch. 393, §9, 67 Stat. 504 .

The words "either in law or equity" are omitted as surplusage.

Amendments

1985-Pub. L. 99–145 substituted "1437(c)(3)(B)" for "1437(c)(3)".

1984-Pub. L. 98–525 substituted "Except as provided in section 1437(c)(3) of this title, no" for "No".

1972-Pub. L. 92–425 substituted "subchapter" for "chapter".


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