The exemptions provided by Section
1108.051 do not apply to:
(1) a premium payment
made in fraud of a creditor, subject to the applicable statute of limitations
for recovering the payment;
(2) a debt of the
insured or beneficiary secured by a pledge of the insurance policy or the
proceeds of the policy; or
(3) a child support
lien or levy under Chapter 157, Family Code.
Added by Acts 2001, 77th Leg., ch. 1419, § 2, eff. June 1,
2003. Amended by Acts 2003, 78th Leg., ch.
1276, § 10A.301(a), eff. Sept. 1, 2003.