2011 Kentucky Revised Statutes
CHAPTER 427 EXEMPTIONS
427.005 Definitions.
Download pdf
Loading PDF...
<![CDATA[427.005 Definitions.
As used in this chapter:
(1) The term "earnings" means compensation paid or payable for personal services,
whether denominated as wages, salary, commission, bonus, or otherwise, and
includes periodic payments pursuant to a pension or retirement program.
(2) The term "disposable earnings" means that part of the earnings of any individual
remaining after the deduction from those earnings of any amounts required by law
to be withheld.
(3) The term "garnishment" means any legal or equitable procedure through which the
earnings of any individual are required to be withheld for payment of any debt.
(4) The terms "household furnishings, jewelry, personal clothing, and ornaments" mean
clothing, furniture, appliances, linens, china, crockery, kitchenware, and personal
effects of an individual and the individual's dependents, but do not include:
(a) Works of art;
(b) Electronic entertainment equipment (except to the extent of one (1) television
and one (1) radio);
(c) Antiques; and
(d) Jewelry other than wedding rings.
Effective: July 14, 1992
History: Amended 1992 Ky. Acts ch. 53, sec. 1, effective July 14, 1992. -- Created
1970 Ky. Acts ch. 217, sec. 1.
]]>
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
