Section 8.95.030. Adjusted exemption amounts.

	(a)  Notwithstanding the exemption amount provided for a homestead under AS 09.38.010(a) and (b), the amount of the exemption for a homestead is $72,900.  
	(b)  Notwithstanding the exemption amounts provided for personal property under AS 09.38.020, the   
		(1) aggregate exemption for personal property set out in AS 09.38.020(a) is $4,050;  
		(2) exemption for jewelry set out in AS 09.38.020(b) is $1,350;  
		(3) exemption for implements, professional books, and tools of the trade set out in AS 09.38.020(c) is $3,780;  
		(4) exemption for pets set out in AS 09.38.020(d) is $1,350;  
		(5) exemption for a motor vehicle set out in AS 09.38.020(e) is $4,050; and  
		(6) full value limitation for the motor vehicle set out in AS 09.38.020(e) is $27,000.  
	(c)  Notwithstanding the exemption amount provided for accrued dividends and loan values on life insurance and annuity contracts under AS 09.38.025(a), the amount of the exemption under AS 09.38.025(a) is $500,500.  
	(d)  Notwithstanding the exemption amounts provided for weekly net earnings and cash and other liquid assets under AS 09.38.030, the  
		(1) exemption for weekly net earnings set out in AS 09.38.030(a) is $473; and  
		(2) maximum monthly exemption for cash and other liquid assets set out in AS 09.38.030(b) is $1,890.  
	(e)  Notwithstanding the increased exemption amounts provided for weekly disposable earnings and cash and other liquid assets under AS 09.38.050(b), the  
		(1) exemption for weekly disposable earnings set out in AS 09.38.050(b) is $743; and  
		(2) maximum monthly exemption for cash and other liquid assets set out in AS 09.38.050(b) is $2,970.  

Authorities

09.38.115

Notes

Authority

AS 09.38.115

History

Eff. 7/1/86, Register 98; am 10/1/92, Register 123; am 7/22/99, Register 151; am 9/30/2004, Register 171; am 10/1/2008, Register 187; am 10/1/2012, Register 203; am 4/4/2013, Register 206