40 ILCS 5/19-218

Current through Public Act 103-593
Section 40 ILCS 5/19-218 - Annuities exempt from execution - Assignments prohibited

All annuities granted under the provisions of "The 1905 Act" or this Division shall be exempt from attachment and garnishment process, and no annuitant shall have the right to transfer or assign his or her annuity, either by way of mortgage or otherwise.

40 ILCS 5/19-218

Laws 1963, p. 161.