§ 8.01-525.10 Exemption from garnishment, levy, or distress
When the assignment is executed and approved by the court and the trustee has been appointed and notice given to the creditors listed in the assignment, such assignment shall be deemed legal and binding upon all creditors and such salary, wages, or income shall be exempt from garnishment, levy, or distress during such time as the assignment is in existence. Such assignment shall have priority over all liens subsequently obtained.
History
This law was first created in 1936. The record of its establishment is cataloged at page 524 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1936 “Acts” aren’t available online. It has been modified 3 times. Those modifications are cataloged by “The Acts of Assembly,” a state publication, by year and chapter. Those modifications that can be read on the General Assembly’s website will be linked accordingly. Those modifications are as follows: in 1942, when it was recodified as § 5278h; in 1950, when it was recodified as § 55-165; in 2019, chapter 712.
1936, p. 524; Michie Code 1942, § 5278h; Code 1950, § 55-165; 2019, c. 712.