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MS SB2469
Bill
AI Summary
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Amends Section 85-3-17 of the Mississippi Code to include settlement proceeds alongside judgment proceeds in the debtor exemption for personal injuries.
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Exempts settlement proceeds not exceeding $10,000.00 recovered due to personal injuries from creditor claims, matching the existing exemption for judgments.
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Clarifies that eligible personal injury recoveries are exempt from creditor claims even without a court judgment being entered.
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Effective date is July 1, 2019.
Legislative Description
Debtor exemptions; include personal injury settlement alongside already exempt personal injury judgment.
Last Action
Died In Committee
2/5/2019
Committee Referrals
Judiciary, Division A1/21/2019
Full Bill Text
No bill text available