No exemptions, except the absolute exemptions, shall be allowed any person against an execution or other process issued upon a debt incurred for property obtained under false pretenses.

Source: SL 1885, ch 55 , § 3; CL 1887, § 5139; RCCivP 1903, § 364; RC 1919, § 2671; SDC 1939, § 51.1809.