State Codes and Statutes

Statutes > Kentucky > 040-00 > 160

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40.160 Claims and payments nonassignable, exempt from taxation and from claims of creditors and process of courts until received. (1) Claims for payment of veterans' bonus shall not be assignable before or after approval thereof; and any attempted or purported assignment received by or <br>tendered to any officer of the Commonwealth shall be void, need not be <br>acknowledged or returned, and may be disregarded. (2) Payments of the veterans' bonus shall be exempt from all taxation by the Commonwealth, its political subdivisions and taxing districts. (3) No claim for payment of a veterans' bonus and no payment made by the Commonwealth under this chapter shall give rise to a cause of action against the <br>Commonwealth or any of its officers, agents, or employees, and no claim for <br>payment shall be subject to attachment, levy, garnishment, or seizure by or under <br>any legal or equitable process whatever; but this provision shall not extend <br>exemption from legal process to the proceeds of any veterans' bonus payment after <br>the same has been received from the Commonwealth. (4) The Commonwealth does not consent to be sued in any court with regard to any matter connected with or arising out of claims for payment of the veterans' bonus <br>herein authorized. Effective: February 20, 1960 <br>History: Created 1960 Ky. Acts ch. 15, sec. 16, effective February 20, 1960.

State Codes and Statutes

Statutes > Kentucky > 040-00 > 160

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40.160 Claims and payments nonassignable, exempt from taxation and from claims of creditors and process of courts until received. (1) Claims for payment of veterans' bonus shall not be assignable before or after approval thereof; and any attempted or purported assignment received by or <br>tendered to any officer of the Commonwealth shall be void, need not be <br>acknowledged or returned, and may be disregarded. (2) Payments of the veterans' bonus shall be exempt from all taxation by the Commonwealth, its political subdivisions and taxing districts. (3) No claim for payment of a veterans' bonus and no payment made by the Commonwealth under this chapter shall give rise to a cause of action against the <br>Commonwealth or any of its officers, agents, or employees, and no claim for <br>payment shall be subject to attachment, levy, garnishment, or seizure by or under <br>any legal or equitable process whatever; but this provision shall not extend <br>exemption from legal process to the proceeds of any veterans' bonus payment after <br>the same has been received from the Commonwealth. (4) The Commonwealth does not consent to be sued in any court with regard to any matter connected with or arising out of claims for payment of the veterans' bonus <br>herein authorized. Effective: February 20, 1960 <br>History: Created 1960 Ky. Acts ch. 15, sec. 16, effective February 20, 1960.

State Codes and Statutes

State Codes and Statutes

Statutes > Kentucky > 040-00 > 160

Download pdf
Loading PDF...


40.160 Claims and payments nonassignable, exempt from taxation and from claims of creditors and process of courts until received. (1) Claims for payment of veterans' bonus shall not be assignable before or after approval thereof; and any attempted or purported assignment received by or <br>tendered to any officer of the Commonwealth shall be void, need not be <br>acknowledged or returned, and may be disregarded. (2) Payments of the veterans' bonus shall be exempt from all taxation by the Commonwealth, its political subdivisions and taxing districts. (3) No claim for payment of a veterans' bonus and no payment made by the Commonwealth under this chapter shall give rise to a cause of action against the <br>Commonwealth or any of its officers, agents, or employees, and no claim for <br>payment shall be subject to attachment, levy, garnishment, or seizure by or under <br>any legal or equitable process whatever; but this provision shall not extend <br>exemption from legal process to the proceeds of any veterans' bonus payment after <br>the same has been received from the Commonwealth. (4) The Commonwealth does not consent to be sued in any court with regard to any matter connected with or arising out of claims for payment of the veterans' bonus <br>herein authorized. Effective: February 20, 1960 <br>History: Created 1960 Ky. Acts ch. 15, sec. 16, effective February 20, 1960.