Exemption right is an important priority in bankrupt procedures and its exercise is free from restrictions from the liquidation and reconciliation procedures.

别除权是破产程序中一项重要的优先受偿权利，其优先权的行使不受破产清算与和解程序的限制。

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Exemption right is an important priority in bankrupt procedures and its exercise is free from restrictions from the liquidation and reconciliation procedures.

别除权是破产程序中一项重要的优先受偿权利，其优先权的行使不受破产清算与和解程序的限制。

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