Sec. 52-353. Levy on and sale of personal property exempt to a certain amount.
Sec. 52-353. Levy on and sale of personal property exempt to a certain amount.
When an execution debtor owns any personal property which, if not exceeding a certain
amount in value, is exempt from execution, and the officer levying the execution believes
that its value exceeds the limit of exemption, he may levy on and sell it in the same
manner as any other property. If, at the sale, such property brings an amount exceeding
the limit of exemption, he shall immediately, on receipt of the purchase money, pay
over the amount of the exemption to the execution debtor and apply the balance only
on the execution; but, if a sum equal to the amount of the exemption is not bid for such
property, he shall immediately return the property to the execution debtor. No money
or property belonging or coming to any execution debtor under such a levy as is provided
for in this section shall be liable to attachment.
(1949 Rev., S. 8105; P.A. 83-581, S. 26, 40.)
History: P.A. 83-581 replaced "goods" with "personal property" and made minor grammatical and diction changes.
Cited. 22 CA 260.