Maine Statutes
§ 14 §4425 — Exceptions
1.Residence.
The debtor's interest in a residence shall not be exempt from claims secured by real estate mortgages on or security interests in the residence or claims of lien creditors under Title 10, chapter 603.
2.Other property.
The debtor's interest in other property shall not be exempt from claims secured by purchase money security interests in the property, except that the debtor's interest in property otherwise exempt under section 4422, subsections 8 and 9 shall not be exempt from claims secured by security interests in the property.
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Legislative History
PL 1981, c. 431, §2 (NEW).
Nearby Sections
15
§ 14 §4401
Items exempt§ 14 §4421
Definitions§ 14 §4422
Exempt property§ 14 §4423
Exempt property acquired within 90 days§ 14 §4424
Interest in excess of exemption§ 14 §4425
Exceptions§ 14 §4426
Exemptions in bankruptcy proceedings§ 14 §4452
Writ of attachment from District Court§ 14 §4453
Attachment of right of redemption