Property; exempt from execution.

Checkout our iOS App for a better way to browser and research.

18-2136. Property; exempt from execution.

All property including funds of an authority shall be exempt from levy and sale by virtue of an execution, and no execution or other judicial process shall issue against such property nor shall judgment against an authority be a charge or lien upon its property. The provisions of this section shall not apply to or limit the right of obligees to foreclose or otherwise enforce any mortgage of an authority or the right of obligees to pursue any remedies for the enforcement of any pledge or lien given by an authority on its rents, fees, grants, or revenue.

Source

  • Laws 1951, c. 224, § 16(1), p. 817;
  • R.R.S.1943, § 14-1636;
  • R.R.S.1943, § 19-2636;
  • Laws 2021, LB163, § 139.
  • Effective Date: August 28, 2021


Download our app to see the most-to-date content.