38-797.11. Exemptions from execution,
attachment and taxation; exception


A. The benefits, the employer and member contributions and the securities in the
LTD trust fund established by section 38-797.02 are not subject to execution or
attachment and are nonassignable except as specifically provided in this article or
article 2 of this chapter. The employer and member contributions and the securities in
the LTD trust fund established by section 38-797.02 are exempt from state, county and
municipal income taxes. Benefits received by a member from the LTD program are subject
to tax pursuant to title 43.


B. Interest, earnings and all other credits pertaining to benefits are not subject
to execution or attachment and are nonassignable.