IC 2-3.5-5-9 — Exemptions; criminal taking of state property
Chapter 5. Legislators' Defined Contribution Plan
Bills citing this section
Section text
Sec. 9. All benefits and assets in the defined contribution fund are exempt from levy, sale, garnishment, attachment, or other legal process. However, a participant's benefits may be transferred to reimburse the state for loss resulting from the participant's criminal taking of state property if the board receives adequate proof of the loss. The loss must be proven by conviction of a felony or misdemeanor.
As added by P.L.6-1989, SEC.1.
Source: official publisher (2026 edition)