Montana Code 19-21-212. Exemption from taxation, legal process, and assessments
19-21-212. Exemption from taxation, legal process, and assessments. Except for execution or withholding for the payment of child support or for the payment of spousal support for a spouse or former spouse who is the custodial parent of the child, contracts, benefits, and contributions under the university system retirement program and the earnings on the contributions are:
Terms Used In Montana Code 19-21-212
- 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
- Process: means a writ or summons issued in the course of judicial proceedings. See Montana Code 1-1-202
- Program: means the university system retirement program established pursuant to this chapter. See Montana Code 19-21-102
- system: means the teachers' retirement system provided for in Title 19, chapter 20. See Montana Code 19-21-102
(1)exempt from any county or municipal tax;
(2)not subject to execution, garnishment, attachment, or other process;
(3)not covered or assessable by an insurance guaranty association; and
(4)unassignable except as specifically provided in the contracts.