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Ark. Code Ann. § 16-66-217

Election of bankruptcy exemptions

Redline — April 20, 2020 → current.View current text →
Current — November 6, 2020
As of April 20, 2020
Residents of this state having the right to claim exemptions in a bankruptcy proceeding pursuant to 11 U.S.C. § 522 shall have the right to elect either:
Residents of this state having the right to claim exemptions in a bankruptcy proceeding pursuant to 11 U.S.C. § 522 shall have the right to elect either:
(1) The property exemptions provided by the Constitution and the laws of the State of Arkansas; or
(i) The property exemptions provided by the Constitution and the laws of the State of Arkansas; or
(2) The property exemptions provided by 11 U.S.C. § 522(d).
(ii) The property exemptions provided by 11 U.S.C. § 522(d).

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.