765 ILCS 1075/15

Current through Public Act 103-585
Section 765 ILCS 1075/15 - Transferability, descendability, and divisibility

The rights under this Act are property rights that are freely transferable in whole or in part to any person either by written transfer, including but not limited to wills and trusts, or by intestate succession only to an individual's spouse, parents, children, and grandchildren, except that the rights under this Act are not subject to levy or attachment and may not be the subject of a security interest. Nothing in this Section limits the ability of any party to levy, attach, or obtain a security interest in the proceeds of the rights under this Act or the proceeds of the exercise of those rights.

765 ILCS 1075/15

P.A. 90-747, eff. 1/1/1999.