11-606. TRACING EXEMPT PROPERTY. (1) If property, or a part thereof, that could have been claimed as exempt, such as, a burial plot under subsection (1) of section 11-603, Idaho Code, a health aid under subsection (2) of section 11-603, Idaho Code, or personal property subject to a value limitation under paragraph (a) or (b) of subsection (1) or subsection (3) of section 11-605, Idaho Code, has been taken by condemnation, or has been lost, damaged, or destroyed, and the owner has been indemnified therefore, the individual is entitled to an exemption of proceeds that are traceable for three (3) months after the proceeds are received. The exemption of proceeds under this subsection does not entitle the individual to claim an aggregate exemption in excess of the value limitation otherwise allowable under section 11-605, Idaho Code.
History:
[11-606, added 1978, ch. 348, sec. 1, p. 911.]
Structure Idaho Code
Title 11 - ENFORCEMENT OF JUDGMENTS IN CIVIL ACTIONS
Chapter 6 - EXEMPTION OF PROPERTY FROM ATTACHMENT OR LEVY
Section 11-602 - PROTECTION OF PROPERTY OF RESIDENTS AND NONRESIDENTS.
Section 11-603 - PROPERTY EXEMPT WITHOUT LIMITATION.
Section 11-604 - PROPERTY EXEMPT TO EXTENT REASONABLY NECESSARY FOR SUPPORT.
Section 11-604A - PENSION MONEY EXEMPT.
Section 11-606 - TRACING EXEMPT PROPERTY.
Section 11-607 - CLAIMS ENFORCEABLE AGAINST EXEMPT PROPERTY.
Section 11-608 - CLAIM OF EXEMPTION.
Section 11-609 - NONAUTHORIZATION OF FEDERAL BANKRUPTCY EXEMPTIONS.