CHAPTER 203

PROPERTY EXEMPT FROM JUDGMENTS

203.01                         Property Exempt

There shall be exempt from the satisfaction or payment of all judgments for money, the following property of the judgment debtor or the debtor's spouse:

Subdivision 1. All wearing apparel, clothing, personal effects, household furniture and household appliances, of the debtor and his/her family, not exceeding $1,500.00 in value.

Subdivision 2. Farm machines and implements used in farming operations by a debtor principally engaged in the business of farming and livestock, farm produce and standing crops.

Subdivision 3. The tools, implements, machines, including trucks or other motor vehicles, instruments, office furniture, stock in trade and library normally necessary in the trade, business or profession of the debtor.

Subdivision 4. All money arising from any claim on account of the destruction of or damage to, exempt property.

Subdivision 5. All money received by or payable to a surviving spouse or child from insurance payable at the death of a spouse or parent, not exceeding $20,000.00.

Subdivision 6. All retirement allowances, benefits and pensions.

Subdivision 7. A pew or other settings in any house of worship and Indian, cultural or religious regalia.

Subdivision 8. A lot or lots in any burial ground.

Subdivision 9. One Bible, all schoolbooks and all other books not exceeding $500.00 in value.

Subdivision 10.           One rifle, one shotgun or one hand gun.

Subdivision 11.           Real property held in trust by the United States Government.

Subdivision 12.           85% of net wages earned from a persons employment.

Subdivision 13.           All relief based on need and the wages or salary of a person who is a recipient of relief based on need. For the purposes of this Subdivision, relief based on need includes AFDC, general assistance, medical care, supplemental security income, medical assistance and general assistance.

Subdivision 14.           The house owned and occupied by a debtor as his/her dwelling place, together with the land upon which it is situated.

(Section 203.01 modified, added or amended by Resolution No. 308-92, dated September 15, 1992.)

203.02                         Waiver of Exemptions

The exemptions provided for in Section 203.01 may be subject to the satisfaction and payment of judgments where the judgment debtor has executed in writing a valid and lawful mortgage or security agreement with the judgment creditor specifically pledging such property as collateral and waiving the exemptions granted in Section 203.01.

203.03                         Individual Moneys in Agency Accounts

If the judgment debtor has funds to his/her credit in the Red Lake Agency Office or expects to receive funds through said office, the Red Lake Agency Office may pay such funds to the judgment creditors, pursuant to law, to the extent that said funds are not exempt by Section 203.01 or said payment is prohibited by Congress.