Section 550.37 — Property Exempt.
550.37 PROPERTY EXEMPT. Subdivision 1. Exemption. The property mentioned in this section is not liable to attachment, garnishment, or sale on any final process, issued from any court. Subd. 2. Bible and musical instrument. The family Bible, library, and musical instruments. [See Note.] Subd. 3. Pew and burial lot. A seat or pew in any […]
Section 550.371 — Exemptions In Joint Bankruptcy.
550.371 EXEMPTIONS IN JOINT BANKRUPTCY. Subdivision 1. Applicable law. Except as provided in this section, the exemptions set forth in subsection (d) of section 522 of the Bankruptcy Act, United States Code, title 11, section 522(d), shall be available to residents of this state. Subd. 2. Joint petition. When a husband and wife are joined […]
Section 550.38 — Veteran’s Pension, Bonus, Or Compensation.
550.38 VETERAN’S PENSION, BONUS, OR COMPENSATION. All moneys paid to any person as a veteran’s pension, bonus, adjusted compensation, allotment, or other benefit by the state of Minnesota or by the United States are exempt from, and shall not be liable to, attachment, garnishment, seizure, or sale on any final process issued out of any […]
Section 550.39 — Exemption Of Insurance Policies.
550.39 EXEMPTION OF INSURANCE POLICIES. The net amount payable to any insured or to any beneficiary under any policy of accident or disability insurance or under accident or disability clauses attached to any policy of life insurance shall be exempt and free and clear from the claims of all creditors of such insured or such […]
Section 550.41 — Levy On Property In Excess Of Exemption.
550.41 LEVY ON PROPERTY IN EXCESS OF EXEMPTION. When the officer holding an execution is of the opinion that the judgment debtor has more property of the classes specified in section 550.37 than is exempt the officer may levy upon the whole of any one class and make an inventory thereof and cause the same […]
Section 550.42 — Waiver Of Agricultural Debtor’s Rights.
550.42 WAIVER OF AGRICULTURAL DEBTOR’S RIGHTS. Subdivision 1. Waiver is void. (a) A waiver of statutory rights of a debtor in a contract, loan agreement, or security agreement as a condition for a loan of money for agricultural production is void unless the waiver is expressly authorized by law. (b) A waiver of mediation rights […]
Section 551.01 — Attorney’s Summary Execution Of Judgment Debts; When Authorized.
551.01 ATTORNEY’S SUMMARY EXECUTION OF JUDGMENT DEBTS; WHEN AUTHORIZED. An attorney for a judgment creditor may execute on a money judgment by levying on indebtedness owed to the judgment debtor by a third party, pursuant to this chapter. The attorney for the judgment creditor must obtain a writ of execution issued under section 550.04 before […]
Section 551.02 — Scope Of General And Specific Provisions.
551.02 SCOPE OF GENERAL AND SPECIFIC PROVISIONS. General provisions and definitions relating to attorney’s summary execution, as authorized in this chapter, are set forth in sections 551.03 and 551.04. Specific provisions relating to attorney’s summary execution on funds at a financial institution are set forth in section 551.05. Specific provisions relating to attorney’s summary execution […]
Section 551.03 — Definitions.
551.03 DEFINITIONS. Subdivision 1. Scope. For the purposes of this chapter, the terms defined in this section have the meanings given them. Subd. 2. Judgment creditor. “Judgment creditor” means a party who has a judgment for the recovery of money in the civil action whether that party is the plaintiff, defendant, or other party in […]
Section 551.04 — General Provisions.
551.04 GENERAL PROVISIONS. Subdivision 1. Rules of Civil Procedure. Unless this chapter specifically provides otherwise, the Minnesota Rules of Civil Procedure for the District Courts shall apply in all proceedings under this chapter. Subd. 2. Property attachable. Subject to the exemptions provided by subdivision 3 and section 550.37, and any other applicable statute, the service […]