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New Jersey Statutes, Title: 18A, EDUCATION

    Chapter 71b: Eligible institution defined.

      Section: 18A:71b-41.1: Exemption from claims of creditors for NJBEST accounts.

          
20. Moneys paid into or out of an NJBEST account by or on behalf of a contributor or designated beneficiary for the purposes of financing the cost of qualified higher education expenses under this article are exempt from all claims of creditors of the contributor or the designated beneficiary.

L.2001,c.262,s.20.



This section added to the Rutgers Database: 2012-09-26 13:37:48.






Older versions of 18a:71b-41.1 (if available):



Court decisions that cite this statute: CLICK HERE.