Nevada § 1A.120 - Right to benefits not subject to taxes, process, bankruptcy, assignment or assessment for impairment or insolvency of insurance company; exceptions
Full text of Nevada Nevada Revised Statutes § 1A.120 — Right to benefits not subject to taxes, process, bankruptcy, assignment or assessment for impairment or insolvency of insurance company; exceptions, with citation guidance and answers to common questions.
§ 1A.120. Right to benefits not subject to taxes, process, bankruptcy, assignment or assessment for impairment or insolvency of insurance company; exceptions
1. Except as otherwise provided in NRS 1A.520 and 31A.150 and as limited by subsection 2, the right of a person to a pension, an annuity, a
retirement allowance, the pension, annuity or retirement allowance itself, any optional
benefit or death benefit or any other right accrued or accruing to any person under
the provisions of this chapter, and the money in the Judicial Retirement Fund, is: (a) Exempt from all state, county and municipal taxes; (b) Not subject to execution, garnishment, attachment or any other process; (c) Not subject to the operation of any bankruptcy or insolvency law; (d) Not assignable, by power of attorney or otherwise; and (e) Exempt from assessment for the impairment or insolvency of any life or health
insurance company. 2. The System may withhold money from a benefit when the person applying for or receiving
the benefit owes money to the System.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 1A.120
What does Nevada Revised Statutes § 1A.120 cover?
Section 1A.120 ("Right to benefits not subject to taxes, process, bankruptcy, assignment or assessment for impairment or insolvency of insurance company; exceptions") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 1A.120?
A common citation format is "Nevada Revised Statutes § 1A.120" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 1A.120 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.