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HB 1093 to increase the amount of property exempt from...

        
AN ACT

        ENTITLED, An Act  to increase the amount of property exempt from process and to allow any person who is not the head of a family to claim an exemption in certain bankruptcy proceedings.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
     Section  1.  That § 43-45-4 be amended to read as follows:
     43-45-4.   In addition to the property provided for in § §   43-45-2 and 43-45-3, the debtor, if the head of a family, may, personally, or by agent or attorney, select from all other of the debtor's personal property, not absolutely exempt, goods, chattels, merchandise, money, or other personal property not to exceed in the aggregate six thousand dollars in value; and, if not the head of a family, property as aforesaid of the value of four thousand dollars, which is also exempt, and which shall be chosen and appraised as provided by law.
     Section  2.  That § 43-45-5 be repealed.
An Act to increase the amount of property exempt from process and to allow any person who is not the head of a family to claim an exemption in certain bankruptcy proceedings.

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I certify that the attached Act originated in the

HOUSE as Bill No. 1093

____________________________
Chief Clerk
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____________________________
Speaker of the House

Attest:

____________________________
Chief Clerk

____________________________
President of the Senate

Attest:

____________________________
Secretary of the Senate

House Bill No. 1093
File No. ____
Chapter No. ______     =========================
Received at this Executive Office this ____ day of _____________ ,

19___ at _____ M.


By _________________________
for the Governor
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The attached Act is hereby approved this ________ day of ______________ , A.D., 19___

____________________________
Governor
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STATE OF SOUTH DAKOTA,
ss.
Office of the Secretary of State

Filed ____________ , 19___
at _________ o'clock __ M.

____________________________
Secretary of State

By _________________________
Asst. Secretary of State