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2011 Maine Revised Statutes
TITLE 14: COURT PROCEDURE -- CIVIL
Chapter 507: ATTACHMENTS
14 §4425. Exceptions

Universal Citation:
14 ME Rev Stat § 4425 (2011 through 125th Legis)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

Part 5: PROVISIONAL REMEDIES; SECURITY

Subchapter 2: PERSONAL PROPERTY

§4425. Exceptions

1. Residence. The debtor's interest in a residence shall not be exempt from claims secured by real estate mortgages on or security interests in the residence or claims of lien creditors under Title 10, chapter 603.

[ 1981, c. 431, §2 (NEW) .]

2. Other property. The debtor's interest in other property shall not be exempt from claims secured by purchase money security interests in the property, except that the debtor's interest in property otherwise exempt under section 4422, subsections 8 and 9 shall not be exempt from claims secured by security interests in the property.

[ 1981, c. 431, §2 (NEW) .]

SECTION HISTORY

1981, c. 431, §2 (NEW).

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