Arkansas Code of 1987 (2023) › Title 16 - PRACTICE, PROCEDURE, AND COURTS (§§ 16-1-101 — 16-131-206) › Subtitle 5 - CIVIL PROCEDURE GENERALLY (§§ 16-55-101 — 16-68-607) › Chapter 66 - EXECUTION OF JUDGMENTS (§§ 16-66-101 — 16-66-611) › Subchapter 2 - PROPERTY SUBJECT TO EXECUTION - EXEMPTIONS (§§ 16-66-201 — 16-66-221) › Section 16-66-218 - Exemptions from execution under federal bankruptcy proceedings

(a)
The following property shall be exempt from execution under bankruptcy proceedings pursuant to Pub. L. No. 95-598:
(1)
The unmarried debtor's aggregate interest, not exceeding eight hundred dollars ($800) in value, and the married debtor's aggregate interest, not exceeding one thousand two hundred fifty dollars ($1,250) in value, in real or personal property that the debtor or a dependent of the debtor uses as a residence, in a cooperative that owns property that the debtor or a dependent of the debtor uses as a residence, or in a burial plot for the debtor or a dependent of the debtor;
(2)
The debtor's interest, not to exceed one thousand two hundred dollars ($1,200) in one (1) motor vehicle;
(3)
The debtor's aggregate interest in the debtor's or the debtor's spouse's wedding bands, including diamonds mounted thereon not exceeding one-half (½) carat in weight;
(4)
The debtor's aggregate interest, not to exceed seven hundred fifty dollars ($750) in value in any implements, professional books, or tools, of the trade of the debtor or the trade of a dependent of the debtor.
(b)
The exemptions granted in subsection (a) of this section shall be in addition to the present exemptions granted by Arkansas law as listed below:
(1)
The personal property of an unmarried person not the head of a family not exceeding a value of two hundred dollars ($200) in addition to such person's wearing apparel - Arkansas Constitution, Article 9, Section 1;
(2)
The personal property of a married person or head of a family not exceeding a value of five hundred dollars ($500) in addition to such person's wearing apparel - Arkansas Constitution, Article 9, § 2;
(3)
Rural homesteads not exceeding one hundred sixty (160) acres of land with improvements thereon, up to two thousand five hundred dollars ($2,500) in value but in no event less than eighty (80) acres without regard to value - Arkansas Constitution, Article 9, § 4;
(4)
The urban homestead not exceeding one (1) acre of land with improvements thereon, but not to exceed two thousand five hundred dollars ($2,500) in value, but in no event to be less than one-quarter (¼) of an acre of land without regard to value - Arkansas Constitution, Article 9, § 5;
(5)
The rural or urban homestead of a widow or surviving dependent children including the rents and profits from such homestead - Arkansas Constitution, Article 9, § 6;
(6)
Sixty (60) days' wages, not exceeding the limits imposed by the Arkansas Constitution, Article 9, §§ 1 and 2, but in no instance less than twenty-five dollars ($25.00) per week - §
16-66-208
;
(7)
Proceeds of life, health, accident, and disability insurance - §
16-66-209
;
(8)
Department of Arkansas State Police retirement benefits - §§
24-6-202
,
24-6-205
,
24-6-223
;
(9)
Stipulated premium insurance benefits - §
23-71-112
;
(10)
Mutual assessment insurance benefits - §
23-72-114
;
(11)
Fraternal benefit society benefits - §
23-74-119
[repealed];
(12)
Assets of delinquent insurer - §
23-68-120
;
(13)
Rights to unemployment benefits and benefits received but not mingled with other funds except for debts incurred for necessities furnished during the time of unemployment - §§
11-10-107
-
11-10-110
;
(14)
Workers' compensation benefits - §
11-9-110
;
(15)
Public welfare assistance grants - §
20-76-430
;
(16)
All contributions made by a debtor to an individual retirement account, as that term is defined for federal income tax purposes and state income tax purposes, for a period exceeding one (1) year prior to the filing of a petition of bankruptcy. However, the maximum amount of individual retirement account contributions that may be claimed under this subdivision shall not exceed twenty thousand dollars ($20,000) for an individual and twenty thousand dollars ($20,000) for a husband and wife combined; and
(17)
All other benefits exempt by law but not specifically enumerated herein.
Acts 1981, No. 419, § 2; A.S.A. 1947, § 36-211; Acts 1987, No. 932, § 1; 1989, No. 821, § 5.