State Codes and Statutes

Statutes > New-jersey > Title-18a > Section-18a-71b > 18a-71b-75

18A:71B-75  Exemption from creditors.

12. Moneys paid into or out of the fund by or on behalf of a purchaser or qualified beneficiary of an advance payment contract for the purposes of financing the cost of qualified higher education expenses under the program are exempt from all claims of creditors of the purchaser or the beneficiary.

L.2001,c.262,s.12.

State Codes and Statutes

Statutes > New-jersey > Title-18a > Section-18a-71b > 18a-71b-75

18A:71B-75  Exemption from creditors.

12. Moneys paid into or out of the fund by or on behalf of a purchaser or qualified beneficiary of an advance payment contract for the purposes of financing the cost of qualified higher education expenses under the program are exempt from all claims of creditors of the purchaser or the beneficiary.

L.2001,c.262,s.12.

State Codes and Statutes

State Codes and Statutes

Statutes > New-jersey > Title-18a > Section-18a-71b > 18a-71b-75

18A:71B-75  Exemption from creditors.

12. Moneys paid into or out of the fund by or on behalf of a purchaser or qualified beneficiary of an advance payment contract for the purposes of financing the cost of qualified higher education expenses under the program are exempt from all claims of creditors of the purchaser or the beneficiary.

L.2001,c.262,s.12.