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59-2319. Same; proceeds from lease exempt from certain liabilities.

59-2319

Chapter 59.--PROBATE CODE
Article 23.--PROCEEDINGS FOR SALE, LEASE AND MORTGAGE OF REALTY

      59-2319.   Same; proceeds from lease exempt from certain liabilities. The proceeds from the execution of any such lease, whether denominatedbonus, rental, royalty, or otherwise, shall be wholly exempt from liabilityfor payment or satisfaction of any debts or other obligations of eitherspouse, except taxes, encumbrances and liens on the homestead, thenecessary cost of the proceeding for the execution of such lease, and thesupport, maintenance and education of the conservatee, his or her spouse, andchildren.

      History:   L. 1945, ch. 240, § 6; L. 1965, ch. 346, §44; Jan. 1, 1966.

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