APPENDIX

TABLE OF LIMITATIONS

This table shows the time limit, in years, for bringing actions on different classes of contracts.

(a) J. P. judgment 6 yr. (b) 3 yr. unless both parties are merchants. (c) 2 yr. if executed outside of state. (d) 20 yr. on judgments rendered in Court of Record. (e) J. P. judgment 10 yr. (f) 10 yr. if not in Court of Record in state. (g) 5 yr. if between merchants. (h) 12 yr. if under seal. (i) 20 yr. if under seal. (j) 10 yr. if under seal. (k) J. P. Courts 5 yr. (1) 2 yr. if incurred out of state. (m) 20 yr. on mortgage. (n) Inferior courts 6 yr. (0) 7 yr. if not in Court of Record. (p) May be kept alive indefinitely alive by execution once in five years. (g) 20 yr. if

execution made and returned.

States and
Territories

The following table shows the rates of interest and penalties for usury in the several states.

EXEMPTIONS

In most states debtors are protected by laws which exempt certain property from seizure by creditors. The property so exempt usually includes homestead, personal property specified as to kind or value or both, and part or all of the wages of the debtor for a specified period. Homestead and other exemption laws can usually be waived by special agreement and exemptions are generally not valid as against the purchase price of the property exempted. In some states exemptions are not valid against properly recorded mortgages, even in the absence of waiver. The following list of exemptions by states is as nearly correct as these can be stated in abbreviated form. The statutes of the various states should be consulted for exact statements of details.

$25 a month.

Alabama Homestead, house and lot in city or 160 acres in country; must not exceed $2000. Personal property, $1000 and specified items. Wages, Alaska-Homestead, acre in city or 160 acres in country; must not exceed $2500. Personal property, specified items with various limits of value. Earnings for 60 days preceding levy when necessary for the support of family.

Arizona Homestead, $4000; claim must be recorded. Personal property, specified items with various limits of value. Half of earnings for 30 days preceding levy.

Per

Arkansas Homestead, 1 acre in city, 160 acres in country, not exceeding $2500 in value; or acre in city or 80 acres in country, any value. sonal property, married man $500; single man $200 and wearing apparel. Laborer's wages for 60 days preceding levy.

California - Homestead, $5000. Personal property, specified items in varying amounts. Wages for 30 days if necessary for support of family. of wages is liable for debts for necessities.

Colorado

Homestead, $2000; claim must be recorded. Personal property, specified items in varying amounts. 60% of wages. All wages if $5 per week or less.

Connecticut Homestead,

$1000; claim must be recorded. Personal

property, specified items in varying amounts. Wages, $50. Delaware Homestead, none. Each county has a special law for exemptions of personal property.

District of Columbia - Personal property, specified items in varying amounts. Wages for 2 months preceding levy, not to exceed $100 per month. Florida Homestead, acre in city, 160 acres in country. Personal property, $1000 to heads of families residing in the state. All wages. Georgia Homestead, the state constitution allows $1600 realty or personalty, or both; the statutes allow 50 acres of land and five acres additional for every child under 16. Personal property, specified items. All laborers' wages.

Idaho Homestead, $5000 for head of family; $1000 for single person. Personal property, specified items. Wages for 30 days.

Illinois - Homestead, $1000. Personal property, married, $400; single, $100. Wages, $15 a week for head of family.

Indiana — Homestead, $600, real or personal property, or both, to resident householders and resident married women. 1 month's wages, not exceeding $25.

acre in city, 40 acres in country, or any size if less Personal property, specified items in varying amounts.

Iowa - Homestead, than $500 in value. Wages for 90 days. Kansas - Homestead, 1 acre in city, 160 acres in country. Personal property, specified items. Wages for 3 months preceding levy. Kentucky Homestead, $1000. Personal property, specified items. Wages 90% if $75 per month or less; $67.50 if more than $75 per month. Louisiana Homestead, $2000 if not over 160 acres; claim must be registered. Personal property, specified items. All wages of laborers.

Maine – Homestead, $500; must be recorded. Personal property, specified items. Wages, $20, not good as against debts for necessities.

Maryland Personal property, $100. Wages to the amount of $100.
Attachment does not reach wages accruing after date of levy.
Massachusetts - Homestead, $800; claim must be recorded.
property, specified items. Wages, $20; only $10 against debts for

necessities.

Personal

Michigan — Homestead, $1,500; must not exceed 1 lot in city or 40 acres in country. Personal property, specified items in varying amounts. Household goods, $250. Stock in trade, $250. Wages, householder, $8 to $30; single man, $4 to $15.

Minnesota - Homestead, 1 lot in city, acre in town, 80 acres in country. Homestead not allowed single men unless they actually reside on the lot. Personal property, specified items in varying amounts. Wages for 30 days preceding levy, not exceeding $35.

Mississippi - Homestead, $2,000; if in the country must not exceed 160 acres; may be increased to $3000 by filing homestead declaration. Personal property, specified items in varying amounts. Wages, $50 per month to head of family, except when due for board and lodging.

Missouri - Homestead, $3000 in city; $1500 in country and small towns. Personal property, specified items and $300 in personal property or real estate. 90% of wages for 30 days.

Montana — Homestead, $2500. Not to exceed

acre in city or 160 acres Wages for 45 days.

in country. Personal property, specified items. Nebraska Homestead, $2000; not to exceed 2 lots in city or 160 acres in country. Personal property, specified items; also $500, if debtor has no land. 90% of wages of head of family.

Nevada - Homestead, $5000. Personal property, specified items. Wages not exceeding $50 earned in calendar month during which process issues. Homestead, $500. Personal property, specified items. Wages, $20, not good as against debts for necessaries.

New Hampshire

New Jersey

Homestead, $1000 if advertised and recorded. Personal property, $200 and wearing apparel. All wages.

New Mexico - Homestead, $1000. Personal property, specified items. Wages for 3 months except for necessaries.

New York

creating the estate states Personal property, certain Wages of self and minor

Homestead, $1000, provided deed that property is to be held as a homestead. specified items and $250 worth in addition. children for 60 days if necessary for support of family.

North Carolina Homestead, $1000. Personal property, $500. Wages for 60 days if necessary for support of debtor's family.

North Dakota - Homestead, $5000; if widow or widower occupy premises the same. Personal property, specified items. Wages, none.