Exemption limited by lien.

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Effective - 15 Jul 1987

513.436. Exemption limited by lien. — No property upon which a debtor has voluntarily granted a lien shall, to the extent of the balance due on the debt secured thereby, be subject to the provisions of this chapter or be exempt from attachment or execution.

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(L. 1987 H.B. 484 § 1)

Effective 7-15-87

(1987) This section is as a conclusion of law unconstitutional for having been passed by the legislature in a manner that failed to conform with Section 23 of Article 3 of the Missouri Constitution that a bill contain only one subject and thus was ineffective to deny avoidance of lien of creditor by debtor. In re Darrell L. Sapp, 81 B.R. 545, Bkrtcy (W.D.Mo.).


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