Alaska Statutes Title 09, Chapter 09.38 - Alaska Exemptions Act
- Sec. 09.38.010 Homestead Exemption.
(a) An individual is entitled to an exemption as a homestead of the individual's interest in property in this state used as the principal...
- Sec. 09.38.015 Property Exempt Without Limitation.
(a) An individual is entitled to exemption of the following property:(1) a burial plot for the individual and the individual's family;(2) health aids reasonably...
- Sec. 09.38.017 Exemption of Retirement Plan Interests and Payments.
(a) In addition to the exemption under AS 09.38.015 (b), the following are exempt from a claim of an individual's or beneficiary's creditor:(1) the...
- Sec. 09.38.020 Exemptions of Personal Property Subject to Value Limitations.
(a) An individual is entitled to an exemption in property not to exceed an aggregate value of $3,000 chosen by the individual from the...
- Sec. 09.38.025 Exemption of Unmatured Life Insurance and Annuity Contracts.
(a) Except as provided in this section or AS 09.38.017 , an individual is entitled to exemption of unmatured life insurance and annuity contracts...
- Sec. 09.38.030 Exemption of Earnings and Liquid Assets.
(a) Except as provided in (b), (c), (f), and (h) of this section and AS 09.38.050 , an individual debtor is entitled to an...
- Sec. 09.38.035 Continuing Lien on Wages.
(a) In the case of a garnishment of earnings, when the garnishee's answer reflects that the defendant is employed by the garnishee, the judgment...
- Sec. 09.38.040 Priorities Between Continuing Liens.
A lien obtained under AS 09.38.035 has priority over any subsequent garnishment lien or wage assignment. A writ creating a continuing lien served upon...
- Sec. 09.38.045 Effective Date of Continuing Lien.
The effective date of a writ creating a continuing lien is the date of service upon the garnishee. However, if there are, on that...
- Sec. 09.38.050 Increased Exemption Amount.
(a) An individual debtor who is in possession of money that was obtained as payment for an injury or disability may request the court...
- Sec. 09.38.055 Bankruptcy Proceedings.
In a proceeding under 11 U.S.C. (Bankruptcy) only the exemptions under AS 09.38.010 , 09.38.015(a), 09.38.017, 09.38.020, 09.38.025 and 09.38.030 apply.
- Sec. 09.38.060 Tracing Exempt Property.
(a) If property, or a part of it, that could have been claimed as an exempt homestead under AS 09.38.010 , a burial plot...
- Sec. 09.38.065 Claims Enforceable Against Exempt Property.
(a) Subject to AS 06.60.360 (e), and notwithstanding other provisions of this chapter,(1) a creditor may make a levy against exempt property of any...
- Sec. 09.38.070 Limitation on Enforcement of Certain Security Interests in Exempt Goods.
(a) This section applies to a security interest, except a purchase-money security interest, or a security interest in a motor vehicle, in an item...
- Sec. 09.38.075 Special Procedures Relating to Limited Value Exemptions; Burden of Proof.
(a) Unless a creditor is seeking collection of a claim enforceable against exempt property under AS 09.38.065 , the creditor may obtain a levy...
- Sec. 09.38.080 Procedures Applicable to a Levy on Property of an Individual.
(a) Except in a proceeding under AS 09.38.065 , a creditor shall comply with this section in obtaining a levy on property of an...
- Sec. 09.38.085 Contents of Notice; Forms.
(a) The notice required by AS 09.38.075 (b) and 09.38.080(c) must include the following information:(1) the amount and date of the judgment to be...
- Sec. 09.38.090 Assertion of Rights by Another.
If an individual fails to select property entitled to be claimed as exempt or to object to a levy on the property or to...
- Sec. 09.38.095 Judicial Relief.
(a) An individual or the spouse, a dependent of the individual, or any other person authorized by law is entitled to injunctive relief, damages,...
- Sec. 09.38.100 Debtor's Property Owned With Another.
(a) If an individual and another own property in this state as tenants in common or tenants by the entirety, a creditor of the...
- Sec. 09.38.105 Waiver of Exemption.
A waiver of exemption executed in favor of an unsecured creditor before levy on an individual's property is unenforceable, but a valid security interest...
- Sec. 09.38.110 Federal Requirements.
If a federal department or agency issues a formal ruling that a section of this chapter relating to public assistance will cause a state...
- Sec. 09.38.115 Adjustment of Dollar Amounts.
(a) The dollar amounts in this chapter change, as provided in this section, according to and to the extent of changes in the Consumer...
- Sec. 09.38.120 Protection of Property of Residents and Nonresidents.
(a) Residents of this state are entitled to the exemptions provided under this chapter. Nonresidents are entitled to the exemptions provided by the law...
- Sec. 09.38.500 Definitions.
In this chapter, unless the context otherwise requires,(1) "burial plot" means a parcel of real estate that is used for burial of human remains...
- Sec. 09.38.510 Short Title.
This chapter may be cited as the Alaska Exemptions Act.
Last modified: November 15, 2016