Georgia Code
Chapter 9 - Georgia Achieving a Better Life Experience (Able)
§ 30-9-15. Assignment of Able Account Prohibited

An ABLE account may not be assigned for the benefit of creditors, used as security or collateral for any loan, or otherwise subject to alienation, sale, transfer, assignment, pledge, encumbrance, or charge. Except as provided in Code Section 30-9-14, moneys paid into or out of an ABLE account, and the income and assets of such account, are not liable to attachment, levy, garnishment, or legal process in this state in favor of any creditor of or claimant against any designated beneficiary or account contributor.
History. Code 1981, § 30-9-15 , enacted by Ga. L. 2016, p. 588, § 1/HB 768.

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Structure Georgia Code

Georgia Code

Title 30 - Handicapped Persons

Chapter 9 - Georgia Achieving a Better Life Experience (Able)

§ 30-9-1. Short Title

§ 30-9-2. Legislative Intent

§ 30-9-3. Definitions

§ 30-9-4. Georgia Able Program Corporation Created; Board of Directors and Its Membership; Powers, Duties, and Administration

§ 30-9-5. Georgia Able Program Established for Participants to Make Contributions to Accounts for Purpose of Meeting Qualified Disability Expenses of Designated Beneficiary

§ 30-9-6. Duties of Board With Respect to Operating a Georgia Able Program