DALTON v. INTERIOR CREDIT BUREAU, INC.

No. 4265.

615 P.2d 631 (1980)

Edwin DALTON and Patricia Dalton, Appellants, v. INTERIOR CREDIT BUREAU, INC., Appellee.

Supreme Court of Alaska.

September 5, 1980.


Attorney(s) appearing for the Case

Paul J. Canarsky, Craig J. Tillery, Alaska Legal Services Corp., Fairbanks, for appellants.

Peter J. Aschenbrenner, Aschenbrenner & Savell, Fairbanks, for appellee.

Before RABINOWITZ, C.J., and CONNOR, BOOCHEVER, BURKE and MATTHEWS, JJ.


OPINION

MATTHEWS, Justice.

This appeal requires construction of the following portion of AS 09.35.090(a):

Residence exemption. (a) The homestead of any family is, or the proceeds of the homestead are exempt from judicial sale for the satisfaction of any liability contracted or judgment on debt except as provided in this section. The homestead consists of the actual abode of and owned by the family or some member of the family. It shall not...

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