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Opinion 430

Case Name: 

In re Mount

Judge: 
Judge Clark
Date: 
Sep-26-2002
Case Number(s): 
02-29694
Status: 

UNPUBLISHED

Body: 

The debtor filed a Chapter 7 petition in bankruptcy less than one year after she transferred her 401(K) plan into an IRA. The trustee objected to the debtor's claimed exemption. It is the opinion of this Court that Tae Sun Hong (see opinion #427) correctly interprets the effect of U.C.A. § 78-23-5(1)(b)(ii) on debtor's claimed exemption. The trustee's objection to the claimed exemption is sustained.

Internal Ref: 
Opinion 430
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