Section 13-3.1. Rights of payees in non-transferable United States savings

bonds
    Where any United States  savings  bond  is  payable  to  a  designated
  person,  whether as owner, co-owner or beneficiary, and such bond is not
  transferable, the right of such person to receive payment  of  the  bond
  according  to  its  terms,  and  the ownership of the money so received,
  shall not be impaired  or  defeated  by  any  statute  or  rule  of  law
  governing the transfer of property by will, gift or intestacy, except as
  provided  in section 5-1.1-A; provided further that nothing herein shall
  limit article 10 of the debtor and creditor law or 2-1.8.