Execution and attachment-exemptions.

WORKING DRAFT
2005
STATE OF WYOMING
05LSO-0603

HOUSE BILL
NO.
HB0331

Execution and attachment-exemptions.

Sponsored by:
Representative(s) Buchanan

A BILL

for

AN ACT relating to execution and attachment; amending the homestead exemptions for purposes of execution and attachment as specified; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1.
W.S. 1
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20
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101 and 1
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20
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104 are amended to read:

1
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20
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101.

Homestead exemption; right and amount.

Every resident of the state is entitled to a homestead not exceeding
ten thousand dollars ($10,000.00)
twenty thousand dollars ($20,000.00)
in value, exempt from execution and attachment arising from any debt, contract or civil obligation entered into or incurred.

1
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20
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104.

Homestead exemption; composition.

The homestead may consist of a house and lot or lots in any town or city, or a farm consisting of any number of acres, or a house trailer or other movable home, whether or not equipped with wheels or resting upon immovable support, the value of which does not exceed
six thousand dollars ($6,000.00)
ten thousand dollars ($10,000.00)
.

Section 2.
This act is effective July 1, 2005.

(END)

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HB0331