Code of Virginia (Last Updated:July 28, 2020) |
TITLE 15.2. Counties, Cities and Towns |
SUBTITLE II. Powers of Local Government |
CHAPTER 15. Local Government Personnel, Qualification for Office, Bonds, Dual Office Holding and Certain Local Government Officers |
ARTICLE 8. Local Trusts to Fund Postemployment Benefits Other Than Pensions |
SECTION 15.2-1546. Assets of trusts or equivalent arrangements for postemployment benefits other than pensions |
SECTION 15.2-1546. Assets of trusts or equivalent arrangements for postemployment benefits other than pensions
The assets of any trust or equivalent arrangement for postemployment benefits other than pensions shall be exempt from state and local taxation, and the assets of any such trust or equivalent arrangement shall not be subject to execution, attachment, garnishment, or any other process. 2007, c. 710 . |