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IN RE WALDEN

Bankruptcy No. 91-13216-LK.

144 B.R. 54 (1992)

In re Charles R. WALDEN, Jr., and Laura H. Walden, Debtors.

United States Bankruptcy Court, W.D. Texas, Austin Division.

August 28, 1992.

Attorney(s) appearing for the Case

Ronald E. Ingalls, Alvis, Carssow, Cummins, Hoeffner & Botsford, P.C., Austin, Tex., for debtors.

Harvey D. Caughey, Austin, Tex., for trustee.

FINDINGS OF FACT AND CONCLUSIONS OF LAW

LARRY E. KELLY, Chief Judge.

The Trustee objected to certain property claimed as exempt by Charles R. Walden, Jr. and Laura H. Walden (hereafter the "Debtor"). This court is asked to determine whether a recent amendment of Article 21.22 § 1 of the Texas Insurance Code exempts the property at issue, which is an annuity. The annuity was substituted for other collateral used to secure payments to the Debtor under...

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