Massachusetts General Laws ch. 176P sec. 30 – Exemption from attachment or execution
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Section 30. Money or other benefit, charity, or relief or aid, to be paid, provided or rendered by any society, shall not be attached or taken upon execution or other process or by operation of law to pay any debt or liability of a member or beneficiary, or of any other person who may have a right thereunder, either before or after payment. This section shall not be applicable to any indebtedness charged against the member’s certificate under the authority of section 16.
Terms Used In Massachusetts General Laws ch. 176P sec. 30
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
- Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.