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HOUSE BILL NO. 308
INTRODUCED BY T. HAGENER
AN ACT INCREASING THE VALUE OF AN AUTOMOBILE EXEMPT FROM EXECUTION OF JUDGMENT FROM $1,200 TO $2,500; AND AMENDING SECTION 25-13-609, MCA.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA:
Section 1. Section 25-13-609, MCA, is amended to read:
"25-13-609. 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 $4,500 in aggregate value, to the extent of a value not exceeding $600 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
$1,200 $2,500 in value, in one motor vehicle;
(3) the judgment debtor's interest, not to exceed $3,000 in aggregate value, in any implements, professional books, and tools, of the trade of the judgment debtor or a dependent of the judgment debtor; and
(4) the judgment debtor's interest, not to exceed $4,000 in value, in any unmatured life insurance contracts owned by
him the judgment debtor."
- END -
Latest Version of HB 308 (HB0308.ENR)
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