Bankruptcy Exemption Citations
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← Alaska Miscellaneous Exemptions

Exemption: Property of business partnership

Citation: Stat. - Alaska Stat. § 09.38.100 (b)

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Alaska Stat. § 09.38.100 (b):
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 individual, subject to the individual's right to claim an exemption under this chapter, may obtain a levy on and sale of the interest of the individual in the property. A creditor who has obtained a levy, or a purchaser who has purchased the individual's interest at the sale, may have the property partitioned or the individual's interest severed.

(b) A partner's right in specific partnership property is exempt except on a claim against the partnership. If partnership property is attached for a partnership debt, the partners or any of them or the representatives of a deceased partner may not claim an exemption for that property under this chapter.
Last Amended: 1982
1982
(� 2 ch 62 SLA 1982)
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Other Alaska Exemption Citations

50 State Miscellaneous Exemptions