Section 8-115 - Exemption of proceeds of life insurance and other benefits.
§ 8-115. Exemption of proceeds of life insurance and other benefits.
The proceeds of a life insurance policy, annuity contract, or any money payable by a fraternal benefit society are exempt from claims in accordance with the provisions of §§ 8-431 and 16-111 of the Insurance Article.
[An. Code 1957, art. 93, § 8-115; 1974, ch. 11, § 2; 1997, ch. 70, § 4.]