Bankruptcy exemption
Applied in 4 court decisions — leading case Walters v. Bank of the West (2012)
Most recently applied in In re Hatch (October 2014)
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
A debtor to whom the law of this state applies on the date of filing of a petition in bankruptcy is not entitled to elect to exempt from property of the bankruptcy estate the property that is specified in 11 U.S.C. §522(d) (1979). This section is enacted for the purpose set forth in 11 U.S.C. §522(b)(1) (1979).
[81 Acts, ch 182, §2]
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.