The bill amends South Dakota law to provide specific exemptions for certain types of property from legal processes, including the seizure of assets. Notably, it introduces a new exemption for a debtor's interest in one motor vehicle, defined under 32-5-1, with a value not exceeding five thousand dollars after accounting for any security interests and liens. This addition aims to protect debtors from losing their primary means of transportation during financial hardships.

In addition to the new vehicle exemption, the bill also clarifies existing exemptions by modifying language related to various personal and family property, such as family pictures, clothing, and necessary provisions. The amendments ensure that the exemptions are clearly defined and applicable, while also removing outdated or redundant language from the current law. Overall, the bill seeks to enhance the protections available to debtors in South Dakota, allowing them to retain essential personal property amidst financial difficulties.

Statutes affected:
Introduced, 01/28/2026: 43-45-2