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IN RE HOLT

Nos. 89-1228, 89-1272.

894 F.2d 1005 (1990)

In re Marcia Nell HOLT and Marvin Joe Holt. FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, Appellee/Cross-Appellant, v. Marcia Nell HOLT, Appellant/Cross-Appellee. FEDERAL SAVINGS AND LOAN INSURANCE CORPORATION, Appellee/Cross-Appellant, v. Marvin Joe HOLT, Appellant/Cross-Appellee.

United States Court of Appeals, Eighth Circuit.

Decided January 30, 1990.

Attorney(s) appearing for the Case

Robert T. Laurence, Fayetteville, Ark., for appellant/cross-appellee.

Charles W. Baker, Little Rock, Ark., for appellee/cross-appellant.

Before BOWMAN and BEAM, Circuit Judges, and ROSS, Senior Circuit Judge.

ROSS, Senior Circuit Judge.

In this consolidated appeal, Marcia Holt and her son, Marvin Holt, appeal from the district court's order,1 affirming the decision of the bankruptcy court,2 that as bankruptcy exemptions, their life insurance benefits and policies' cash surrender value have a $500 ceiling under the Arkansas Constitution, article 9, section 2. We affirm.

The stipulated facts are as follows...

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