Exempting up to $500 in a deposit account or other account of a judgment debtor held by a depository institution from execution on the judgment without an election by the debtor to exempt the money; establishing procedures a depository institution is required to follow on receipt of a writ of garnishment or other levy or attachment under certain circumstances; establishing a $6,000 limit on the cumulative value of property and cash that may be exempted; requiring a certain writ of garnishment; etc.

Statutes affected:
Text - First - Courts - Judgments - Exemptions From Execution: 11-504 Courts and Judicial Proceedings, 15-601.1 Courts and Judicial Proceedings, 1-984 Courts and Judicial Proceedings
Text - Third - Courts - Judgments - Exemptions From Execution: 11-504 Courts and Judicial Proceedings, 15-601.1 Courts and Judicial Proceedings, 1-984 Courts and Judicial Proceedings