The tools, not exceeding three hundred dollars ($300) in value, of any individual debtor necessary in his trade are exempt from levy under execution, attachment, distress for rent or fee-bill. One (1) motor vehicle not exceeding two thousand five hundred dollars ($2,500) in value and its necessary accessories, including one (1) spare tire, of a mechanic or other skilled artisan primarily engaged in the replacement, repair, or emergency servicing of essential mechanical, electrical or other equipment in general use, is exempt from execution, attachment, garnishment, distress warrant or fee-bill.
KRS 427.030
Debtor's tools exempt
Applied in 2 court decisions — leading case Credithrift of America, Inc. v. Dubrock (In Re Dubrock) (1980)
Most recently applied in In re Burch (November 1983)
Effective: April 9, 1980 History: Amended 1980 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.