Does the law of karma apply to everybody?

The law of karma applies to everyone, but one can transcend it through one's meditation. The law of karma exists and yet can be transcended by realisation, oneness with God and the power of spirituality.

From: Sri Chinmoy, Yoga and the spiritual life. The journey of India's Soul. - , Agni Press, 1971
Sourced from http://www.srichinmoylibrary.com/ysl-37