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Chapter 550
Section 550.39
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This is an historical version of this statute chapter. Also view the most recent published version.
550.39 EXEMPTION OF INSURANCE POLICIES.
The net amount payable to any insured or to any beneficiary under any policy of accident or
disability insurance or under accident or disability clauses attached to any policy of life insurance
shall be exempt and free and clear from the claims of all creditors of such insured or such
beneficiary and from all legal and judicial processes of execution, attachment, garnishment, or
otherwise.
History: (9447-2) 1937 c 191 s 1
The net amount payable to any insured or to any beneficiary under any policy of accident or
disability insurance or under accident or disability clauses attached to any policy of life insurance
shall be exempt and free and clear from the claims of all creditors of such insured or such
beneficiary and from all legal and judicial processes of execution, attachment, garnishment, or
otherwise.
History: (9447-2) 1937 c 191 s 1
Official Publication of the State of Minnesota
Revisor of Statutes