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Official Code of Georgia Annotated

Title 33. INSURANCE · Chapter 26. INDUSTRIAL LIFE INSURANCE

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

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

  1. 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.

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

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.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t33-ch23-65-(v25)-2020-pdf.pdf, Volume V25, 2020 edition, page 468; merge action: carried; file SHA-256 1cdfeaa4b73e.