Bankr. No.:
00-40245
Chapter:
7
Date of Decision:
September 8, 2000
Issue:
Whether under S.D.C.L. § 48-4-14 the debtor may declare exempt his interest in a sound system owned by a partnership in which he is a partner?
Ruling:
Section 48-4-14 is not an exemption statute for individuals. Further, the debtor may exempt only his general interest in the partnership under S.D.C.L.
§ 43-45-4, not his interest in specific partnership property.
Full Bankruptcy Court Decision:
