No assignment, pledge, or encumbrance of any right to benefits which are or may become due or payable under this chapter shall be valid and the right to benefits shall not be subject to levy, execution, attachment, garnishment, or any other remedy for the collection of debt. No waiver of this section shall be valid, except that this section shall not apply to:
(1) Section 383-163.5 with respect to the withholding and deduction of benefits for the payment of child support obligations;(2) Section 383-163.6 with respect to the voluntary withholding and deduction of benefits for payment of federal and state income taxes; and(3) Section 383-163.7 with respect to the withholding and deduction of benefits for repayment of uncollected overissuances of food stamp coupons.L 1939, c 219, §13(c); am L 1941, c 304, §1, pt of subs 35; RL 1945, §4287; RL 1955, § 93-152; HRS § 383-163; am L 1982, c 58, §9; am L 1997, c 172, §5