Usufruct
R.S. 11:2228

Exemption from execution ACTIVE

A. The right of a person to a pension, an annuity, or a retirement allowance, to the return of contributions, the pension, annuity, or retirement allowance itself, any optional benefit or any other right accrued or accruing to any person under the provisions of this Chapter and the monies in the various funds created by this Chapter are hereby exempt from any state or municipal tax and exempt from levy and sale, garnishment, attachment, or any other process whatsoever, except as provided in R.S. 11:292, and shall be unassignable except as in this Chapter specifically otherwise provided.

B. Notwithstanding the provisions of Subsection A of this Section or any other provision of law to the contrary, the right of a member of this system to the return or refund of employee contributions may be assigned to any municipal employees' credit union in consideration of a loan.

Actions

JSON Markdown Source (legis.la.gov)

References

Cited by

None.

History

  • enactment Acts 1973, No. 189, §1
  • amendment Acts 1986, No. 767, §5
  • amendment Acts 1997, No. 980, §1, eff. July 10, 1997

Section navigation

Cite R.S. 11:2228

Bluebook
La. Rev. Stat. Ann. § 11:2228 (2026).
Permalink
https://theusufruct.com/rs/title-11/section-2228
BibTeX
@misc{larevstat-11-2228,
  title        = {La. Rev. Stat. Ann. § 11:2228},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-11/section-2228},
  note         = {Snapshot 2026-05-22}
}