Effective – 28 Aug 2014 434.300. Definitions. — For purposes of sections 434.300 to 434.303, the following terms shall mean: (1) “Benefit recipient”, the person who is the plan participant or authorized beneficiary under the plan entitled to receive a plan benefit; (2) “Pension assignee”, an individual or entity that has been assigned a plan […]
Effective – 28 Aug 2014 434.301. Transfer or assignment of rights prohibited — moneys and rights not subject to legal process — pension assignee prohibited from evading prohibitions. — 1. The right of any person to a plan benefit shall not be transferable or assignable, at law or in equity, and none of the moneys […]
Effective – 28 Aug 2014 434.302. Contract or agreement void, when — moneys paid to be returned for violation — action to enforce restitution, time limitation. — 1. Any contract or agreement made in violation of section 434.301 is void. All sums paid to or collected by a pension assignee in violation of section 434.301 […]
Effective – 28 Aug 2014 434.303. Attorney general may bring action, when — recovery procedures. — 1. Whenever it appears that any individual or entity is engaged or is about to engage in any act or practice which is in violation of section 434.301, the attorney general may bring an action in the circuit court […]
Effective – 28 Aug 2014 434.304. Actions under chapter 409 not prohibited. — Nothing in sections 434.301 to 434.303 shall prohibit any action permitted under chapter 409. ——– (L. 2014 H.B. 1217)
