74-49b12. Same; deferred compensation payment rights not assignable. No participant or beneficiary shall have the right to commute, sell, assign or otherwise transfer or convey the rights to receive any payments under a participation agreement entered into pursuant to this act and such payments and rights are expressly declared to be and shall be unassignable.
History: L. 1976, ch. 367, § 8; L. 2007, ch. 74, § 14; Jan. 1, 2008.
Structure Kansas Statutes
Chapter 74 - State Boards, Commissions And Authorities
Article 49b - Deferred Compensation Plan For Public Employees
74-49b03 Same; transfer of balances of funds and accounts to KPERS board.
74-49b04 Same; KPERS board as successor to all property, property rights and records.
74-49b05 Same; transfer of certain officers and employees to KPERS board; retention of rights.
74-49b06 Same; validity of suits, actions or proceedings.
74-49b07 Deferred compensation plan for state employees; title of act.
74-49b12 Same; deferred compensation payment rights not assignable.