Ch. 613                                          LAWS OF MARYLAND

11-504.

(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 event of sickness, accident,
injury, or death of any person, including compensation for loss
of future earnings. This exemption includes but is not limited to
money payable on account of judgments, arbitrations, compromises,
insurance, benefits, compensation, and relief. Disability income
benefits are not exempt if the judgment is for necessities
contracted for after the disability is incurred.

(3)  Professionally prescribed health aids for the
debtor or any dependent of the debtor.

(4)  The debtor's interest, not to exceed $500 in
value, in household furnishings, household goods, wearing
apparel, appliances, books, animals kept as pets, and other items
that are held primarily for the personal, family, or household
use of the debtor or any dependent of the debtor.

(5)  Cash or property of any kind equivalent in value
to $3,000 is exempt, if within 30 days from the date of the
attachment or the levy by the sheriff, the debtor elects to
exempt cash or selected items of property in an amount not to
exceed a cumulative value of $3,000.

(d) The debtor may not waive, by cognovit note or
otherwise, the [provision] PROVISIONS of [subsection] SUBSECTIONS
(b) AND (H) of this section.

(H) (1) IN ADDITION TO THE EXEMPTIONS PROVIDED IN
SUBSECTIONS (B) AND (F) OF THIS SECTION AND ANY OTHER PROVISIONS
OF LAW, ANY MONEY OR OTHER ASSETS PAYABLE TO A PARTICIPANT OR
BENEFICIARY FROM, OR ANY INTEREST OF ANY PARTICIPANT OR
BENEFICIARY IN, A RETIREMENT PLAN QUALIFIED UNDER §§ 401(A),
403(A), 403(B), 408, 414(D), OR 414(E) § 401(A), § 403(A), §
403(B), § 408, § 414(D), OR § 414(E) OF THE UNITED STATES
INTERNAL REVENUE CODE OF 1986, AS AMENDED, OR § 409 (AS IN EFFECT
PRIOR TO JANUARY 1984) OF THE UNITED STATES INTERNAL REVENUE CODE
OF 1954, AS AMENDED, SHALL BE EXEMPT FROM ANY AND ALL CLAIMS OF
THE CREDITORS OF THE BENEFICIARY OR PARTICIPANT, OTHER THAN
CLAIMS BY THE DEPARTMENT OF HEALTH AND MENTAL HYGIENE.

(2) PARAGRAPH (1) OF THIS SUBSECTION DOES NOT APPLY
TO:

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