PER CURIAM:
The bankrupt in this action claimed as exempt property, a deposit of $1,000 in a savings and loan association organized under California law. The trustee refused to allow the exemption. The referee allowed the exemption. The district court, on review, affirmed the order of the referee. We reverse.
Under the Bankruptcy Act, exemptions are governed by state law, 11 U.S.C. § 624. § 690.21 of the California Code of Civil Procedure provides...
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