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EXPLANATION-Matter enclosed in bold-faced brackets [thus] in this bill is not enacted
and is intended to be omitted in the law.
SECOND REGULAR SESSION
SENATE BILL NO. 1111
103RD GENERAL ASSEMBLY
INTRODUCED BY SENATOR WASHINGTON.
5561S.01I KRISTINA MARTIN, Secretary
AN ACT
To repeal section 513.475, RSMo, and to enact in lieu thereof one new section relating to
bankruptcy exemptions.
Be it enacted by the General Assembly of the State of Missouri, as follows:
Section A. Section 513.475, RSMo, is repealed and one new 1
section enacted in lieu thereof, to be known as section 513.475, 2
to read as follows:3
513.475. 1. The homestead of every person, consisting 1
of a dwelling house and appurtenances, and the land used in 2
connection therewith, not exceeding the value of [fifteen] 3
fifty thousand dollars, which is or shall be used by such 4
person as a homestead, shall, together with the rents, 5
issues and products thereof, be exempt from attachment and 6
execution. The exemption allowed under this section shall 7
not be allowed for more than one owner of any homestead if 8
one owner claims the entire amount allowed under this 9
subsection; but, if more than one owner of any homestead 10
claims an exemption under this section, the exemption 11
allowed to each of such owners shall not exceed, in the 12
aggregate, the total exemption allowed under this subsection 13
as to any one homestead. 14
2. Either spouse separately shall be debarred from and 15
incapable of selling, mortgaging or alienating the homestead 16
in any manner whatever, and every such sale, mortgage or 17
SB 1111 2
alienation is hereby declared null and void; provided, 18
however, that nothing herein contained shall be so construed 19
as to prevent the husband and wife from jointly conveying, 20
mortgaging, alienating or in any other manner disposing of 21
such homestead, or any part thereof. 22
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