§ 28-17-1. Definitions. (a) “Employees’ trust” as used in this chapter means any trust created by an employer for the maintenance and regulation of an apprentice training program, and any trust created as part of a stock bonus plan, pension plan, disability or death benefit plan, or profit sharing plan for the exclusive benefit of […]
§ 28-17-2. Accumulation of income — Perpetuities — Suspension of power of alienation. The income arising from any personal property held in any employees’ trust as defined in § 28-17-1 may be permitted to accumulate in accordance with the terms of the trust and the plan to which the trust forms a part for any […]
§ 28-17-3. Tax exemption. The intangible personal property held in any employees’ trust as defined in § 28-17-1 shall be exempt from all sales and use taxes and all other state and local taxation so long as it is held in trust and used for the purposes of the trust and of the plan of […]
§ 28-17-4. Immunity from attachment, process, or assignment. The interest of any person in any employees’ trust as defined in § 28-17-1 and any pension derivable from that trust shall not be subject to trustee process or liable to attachment on any writ, original, mesne, or judicial, or be taken on execution or any process, […]
