LD 247
pg. 2
Page 1 of 2 PUBLIC Law Chapter 47 LD 247 Title Page
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LR 1320
Item 1
 
B. The debtor's aggregate interest, not to exceed $60,000 $70,000 in
value, in property described in paragraph A, if the debtor or a dependent
of the debtor is either a person 60 years of age or older or a person
physically or mentally disabled and because of such disability is unable
to engage in substantial gainful employment and whose disability has
lasted or can be expected to last for at least 12 months or can be
expected to result in death; provided that if the debtor's interest is
held jointly with any other person or persons, the exemption shall may
not exceed in value the lesser of $60,000 $70,000 or the product of the
fractional share of the debtor's interest times $120,000 $140,000. This
paragraph does not apply to liens obtained prior to its effective date or
to judgments based on torts involving other than ordinary negligence on
the part of the debtor.

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