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Session Laws, 1981
Volume 741, Page 2840   View pdf image
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2840

LAWS OF MARYLAND

Ch. 765

Article - Courts and Judicial Proceedings

Section 11-504

Annotated Code of Maryland

(1980 Replacement Volume and 1980 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article - Courts and Judicial Proceedings

11-504.

(A) (1) IN THIS SECTION, THE FOLLOWING TERMS HAVE THE
MEANINGS INDICATED.

(2) "DEPENDENT" INCLUDES SPOUSE, WHETHER OR NOT
ACTUALLY DEPENDENT.

(3) "Value" means fair market value as of the
date upon which the execution or other judicial process
becomes effective against the property of the debtor, or the
date of filing the petition under the United States
Bankruptcy code.

[(a)] (B) The following items are exempt from
execution on a judgment.

(1)  Wearing apparel, books, tools, instruments,
or appliances necessary for the practice of any trade or
profession except those kept for sale, LEASE, or barter.

(2)  Money payable [in the nature of insurance,
benefit, or relief] in the event of sickness, accident,
injury, or death of any person, [except that disability
income benefits are not exempt if the judgment is for
necessities contracted for after the disability is
incurred.] INCLUDING COMPENSATION FOR LOSS OF FUTURE
EARNINGS OF THE DEBTOR OR ANY PERSON OF WHOM THE DEBTOR WAS

OR IS A DEPENDENT. THIS EXEMPTION APPLIES ONLY TO THE

EXTENT REASONABLY NECESSARY FOR THE SUPPORT OF THE DEBTOR
ANY ANY DEPENDENT OF THE DEBTOR. THIS EXEMPTION INCLUDES
BUT IS NOT LIMITED TO MONEY PAYABLE ON ACCOUNT OF JUDGMENTS,
ARBITRATIONS, COMPROMISES, INSURANCE, BENEFITS BENEFITS,
COMPENSATION, AND RELIEF. DISABILITY INCOME BENEFITS ARE
NOT EXEMPT IF THE JUDGMENT IS FOR NECESSITIES CONTRACTED FOR
AFTER THE DISABILITY IS INCURRED.

(3)   [One stove, one washing machine, one
refrigerator, kitchen utensils and dishes, one bed and
mattress for each member of the defendant's family,
blankets, sheets, pillows and pillow cases, chest of
drawers, one kitchen table and chairs, and food to be
consumed by the defendant and his family; and]
PROFESSIONALLY PRESCRIBED HEALTH AIDS FOR THE DEBTOR OR ANY
DEPENDENT OF THE DEBTOR.

 

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Session Laws, 1981
Volume 741, Page 2840   View pdf image
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