2005 Minnesota Statutes - 354A.11 — Certain money and credits of teachers exempt.

     354A.11 Certain money and credits of teachers exempt. 


    All money deposited by a teacher or member or deposited by 
 any other person or corporation, municipal or private, to the 
 credit of a teacher or member of a teachers retirement fund 
 association organized pursuant to this chapter, and all money, 
 rights, and interests or annuities due or to become due to a 
 teacher, member, or annuitant, or their beneficiaries, from any 
 association shall not be assignable, shall be exempt from 
 garnishment, attachment, and execution or sale on any final 
 process issued from a court and other legal process, except as 
 provided in section 518.58, 518.581, or 518.6111, and shall not 
 be subject to the estate tax provisions of this state.  


    HIST: (1366-2) 1939 c 72 s 1; 1967 c 605 s 1; 1971 c 789 s 7; 
 1979 c 217 s 10; 1979 c 303 art 3 s 31; 1982 c 578 art 1 s 9; 
 1983 c 286 s 11; 1984 c 547 s 8; 1987 c 157 s 7; 1997 c 203 art 
 6 s 92