Alaska Stat. § 09.38.020
This is the official text of Alaska Stat. § 09.38.020, part of Alaska’s Stat — part of the compiled statutory law of Alaska, published by the state as "Stat." Browse the sections below, each linked to its official government source.
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Exemptions of personal property subject to value limitations.
Official statutory text
(a) An individual is entitled to an exemption in property not to exceed an aggregate value of $3,000 chosen by the individual from the following categories of property: (1) household goods and wearing apparel reasonably necessary for one household;
(2) if reasonably held for the personal use of the individual or a dependent, books and musical instruments; and
(3) family portraits and heirlooms of particular sentimental value to the individual.
(b) An individual is entitled to exemption of jewelry, not exceeding $1,000 in aggregate value, if held for the personal use of the individual or a dependent.
(c) An individual is entitled to exemption, not exceeding $2,800 in aggregate value, of implements, professional books, and tools of the trade.
(d) An individual is entitled to the exemption of pets to the extent of a value not exceeding $1,000.
(e) An individual is entitled to an exemption of one motor vehicle to the extent of a value not exceeding $3,000 if the full value of the motor vehicle does not exceed $20,000.
(2) if reasonably held for the personal use of the individual or a dependent, books and musical instruments; and
(3) family portraits and heirlooms of particular sentimental value to the individual.
(b) An individual is entitled to exemption of jewelry, not exceeding $1,000 in aggregate value, if held for the personal use of the individual or a dependent.
(c) An individual is entitled to exemption, not exceeding $2,800 in aggregate value, of implements, professional books, and tools of the trade.
(d) An individual is entitled to the exemption of pets to the extent of a value not exceeding $1,000.
(e) An individual is entitled to an exemption of one motor vehicle to the extent of a value not exceeding $3,000 if the full value of the motor vehicle does not exceed $20,000.
Status: in_force · Read it on the official government site
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