Personal property exempt subject to value limitations
A judgment debtor is entitled to exemption from execution of the following:
(1) the judgment debtor's interest, not to exceed $7,000 in aggregate value, to the extent of a value not exceeding $1,250 in any item of property, in household furnishings and goods, appliances, jewelry, wearing apparel, books, firearms and other sporting goods, animals, feed, crops, and musical instruments;
(2) the judgment debtor's interest, not to exceed $4,000 in value, in one motor vehicle; and
(3) the judgment debtor's interest, not to exceed $4,500 in aggregate value, in any implements, professional books, and tools, of the trade of the judgment debtor or a dependent of the judgment debtor.
| EnactedEn. SectionSec. 4, ChapterCh. 302, Laws ofL. 1987 |
| AmendedAmd. SectionSec. 1, ChapterCh. 130, Laws ofL. 1989 |
| AmendedAmd. SectionSec. 1, ChapterCh. 237, Laws ofL. 1999 (HB 308 - Hagener, Toni (D) HD 90) |
| AmendedAmd. SectionSec. 2, ChapterCh. 397, Laws ofL. 2007 (SB 133 - Essmann, Jeff (R) SD 28) |
| AmendedAmd. SectionSec. 1, ChapterCh. 539, Laws ofL. 2021 (HB 555 - Regier, Matt (R) HD 4) |