Delaware Code Title 10 Sec. 7323 – Possession of property by trustees; exemption and valuation
The trustee or trustees shall take possession of all property and estate, except wearing apparel and the necessary bedding of the petitioner and the petitioner’s family, and the tools, or implements, of the petitioner’s trade or calling, not exceeding in value in the whole $50; which articles, and the value thereof, shall be ascertained by 2 judicious and impartial citizens of the county wherein the petitioner resides, to be appointed, and sworn or affirmed to the faithful performance of their duty, by a justice of the peace of the county. The articles so ascertained shall be exempt from any execution or legal process against the petitioner, except execution in a criminal case.
Code 1852, § ?2704; Code 1915, § ?4628; Code 1935, § ?5086; 10 Del. C. 1953, § ?7323; 70 Del. Laws, c. 186, § ?1;
Terms Used In Delaware Code Title 10 Sec. 7323
- Affirmed: In the practice of the appellate courts, the decree or order is declared valid and will stand as rendered in the lower court.
- Trustee: A person or institution holding and administering property in trust.