Moneys in an ABLE savings account:

(1) Shall be exempt from attachment, execution, or garnishment as provided by § 651-124; and

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Terms Used In Hawaii Revised Statutes 256B-6

  • ABLE savings account: means an individual savings account established in accordance with this chapter. See Hawaii Revised Statutes 256B-1
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Secretary: means the Secretary of the United States Department of the Treasury. See Hawaii Revised Statutes 256B-1
(2) May be claimed by the medicaid plan subject to limitations imposed by the Secretary.