Table of Contents TITLE 25. CIVIL PROCEDURE CHAPTER 13. EXECUTION OF JUDGMENT Part 6. Property Exempt From Execution
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25-13-601 25-13-603 25-13-606 1 25-13-607 5 25-13-608 4 25-13-609 25-13-610 25-13-613 25-13-614 1 25-13-615

Mont. Code Ann. § 25-13-610

(2019)

Tracing exempt personal property

(1) If money or other property exempt under 25-13-608 and 25-13-609 has been sold or has been lost, damaged, or destroyed and the judgment debtor has been indemnified for the property, the debtor is entitled for 6 months to an exemption of proceeds that are traceable, such as in a bank or savings account.

(2) Earnings exempt under 25-13-614 remain exempt for 45 days after receipt by and while in the possession of the judgment debtor in a form into which the exempt earnings are traceable.

(3) Proceeds are traceable under this section by application of the principles of first-in first-out, last-in first-out, or any other reasonable basis for tracing selected by the judgment debtor.

Official Annotations archive.org, 2019 edition
History:
En. Sec. 5, Ch. 302, L. 1987
Amd. Sec. 448, Ch. 56, L. 2009 (HB 37 - Campbell, Margarett (D) HD 31)
Source text on leg.mt.gov