1. Forced sale. If the debtor's interest in any property exempt under section 4422 exceeds the exempt amount, the whole of the property may be sold. [PL 1981, c. 431, §2 (NEW).] 2. Distribution of proceeds. The proceeds of a sale under subsection 1 shall be distributed in the following order: A. To the debtor in the amount of his exempt interest; [PL 1981, c. 431, §2 (NEW).] B. To the creditor attaching or executing on the property; and [PL 1981, c. 431, §2 (NEW).] C. To the debtor, the balance of the proceeds. [PL 1981, c. 431, §2 (NEW).] [PL 1991, c. 431, §2 (NEW).] 3. Exception for residence. With respect to a residence in which the debtor has an exempt interest, the debtor may designate as exempt from sale under subsection 1 any part of the residence having a value not in excess of the amount of his exemption. [PL 1981, c. 431, §2 (NEW).]
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