§ 16-66-217 - Election of bankruptcy exemptions.
16-66-217. Election of bankruptcy exemptions.
Residents of this state having the right to claim exemptions in a bankruptcy proceeding pursuant to 11 U.S.C. 522 shall have the right to elect either:
(i) The property exemptions provided by the Constitution and the laws of the State of Arkansas; or
(ii) The property exemptions provided by 11 U.S.C. 522(d).