Nonassignment.
San José Municipal Code § 3.52.740
in effect3.52.740 - Nonassignment.
The city may not commute, sell, assign, transfer, or otherwise convey any right to assets it may have under the trust. The assets held under this trust shall not be subject to the rights of the creditors of the city, the trustees, the custodian, or the administrator, and shall be exempt from execution, attachment, prior assignment or any other judicial relief or order for the benefit of creditors or other third person.
(Ord. 28914.)
Source: City of San José, Municipal Code (Municode Library, library.municode.com)URL: https://library.municode.com/ca/san_jose/codes/code_of_ordinances?nodeId=TIT3PE_IIREPL_CH3.52FEREHECATRFU_PT8MI_3.52.740NOFetched: 11/1/2026