No assignment, release, or commutation of compensation or benefits due or payable under this chapter, except as provided by this chapter, shall be valid; and such compensation and benefits shall be exempt from all claims of creditors and from levy, execution, and attachment or other remedy for recovery or collection of a debt, which exemption may be waived. This section prevails over Sections 75-9-406 and 75-9-408 of Article 9 of the Uniform Commercial Code to the extent, if any, that these sections may otherwise be applicable.Codes, 1942, § 6998-22; Laws, 1948, ch. 354, § 16; reenacted without change, Laws, 1982, ch. 473, § 22; reenacted without change, Laws, 1990, ch. 405, § 23; Laws, 2001, ch. 495, § 23, eff. 1/1/2002.
Mississippi Legal Code