2016 Georgia Code
Title 30 - Handicapped Persons
Chapter 9 - Georgia Achieving a Better Life Experience (Able)
§ 30-9-15. Assignment of ABLE account prohibited

GA Code § 30-9-15 (2016) What's This?

An ABLE account may not be assigned for the benefit of creditors, used as security or collateral for any loan, or otherwise subject to alienation, sale, transfer, assignment, pledge, encumbrance, or charge. Except as provided in Code Section 30-9-14, moneys paid into or out of an ABLE account, and the income and assets of such account, are not liable to attachment, levy, garnishment, or legal process in this state in favor of any creditor of or claimant against any designated beneficiary or account contributor.

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