No portion of a pension fund created under KRS 95.761 to 95.784 shall, before or after its order for distribution by the board of trustees to the persons entitled thereto, be held, seized, taken, subjected to or detained or levied upon by virtue of any attachments, execution, injunction, writ, interlocutory, or other order, or decree, or any process or proceeding whatever issued out of or by any court of this state for the payment or satisfaction, in whole or in part, of any debt, damage, claim, demand, or judgment against the beneficiary of said fund, except for court or administratively ordered child support, or owed or to-be-owed child support, but said fund shall be held and distributed for the purpose of KRS 95.761 to 95.784, and for no other purpose whatever.
Effective: July 15, 2016

Terms Used In Kentucky Statutes 427.125

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
  • Writ: A formal written command, issued from the court, requiring the performance of a specific act.

History: Amended 2016 Ky. Acts ch. 31, sec. 35, effective July 15, 2016. — Amended
1998 Ky. Acts ch. 255, sec. 32, effective July 15, 1998. — Created 1942 Ky. Acts ch.
9, sec. 23.