1. 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. 2. Distribution of proceeds The proceeds of a sale under subsection 1 shall be distributed in the following order:

   1. A. To the debtor in the amount of his exempt interest;

      [PL 1981, c. 431, §2 (NEW).]

   2. B. To the creditor attaching or executing on the property; and

      [PL 1981, c. 431, §2 (NEW).]

   3. C. To the debtor, the balance of the proceeds.

      [PL 1981, c. 431, §2 (NEW).]

   [PL 1991, c. 431, §2 (NEW).]

3. 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).]

PL 1981, c. 431, §2 (NEW).