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§ 1075. Exemption of property from execution sale

Oklahoma Statutes AnnotatedTitle 63. Public Health and Safety

Oklahoma Statutes Annotated
Title 63. Public Health and Safety (Refs & Annos)
Chapter 40. Public Housing
Housing Authorities Act
63 Okl.St.Ann. § 1075
§ 1075. Exemption of property from execution sale
All property, including funds acquired or held by an authority pursuant to this act,1 shall be exempt from levy and sale by virtue of an execution, and no execution or other judicial process shall issue against the same nor shall any judgment against the authority be a charge or lien upon such property; provided, however, that the provisions of this section shall not apply to or limit the right of obligees to pursue any remedies for the enforcement of any pledge or lien given by the authority on its rents, fees, or revenues, or the right of the federal government to pursue any remedies conferred upon it pursuant to the provisions of this act. An authority may waive its exemption hereunder with respect to claims against any profit-making enterprise occupying any portion of a project provided that such waiver does not affect or impair the rights of any obligee of the authority.

Credits

Laws 1965, c. 251, § 25, emerg. eff. June 18, 1965.

Footnotes

Title 63, § 1051 et seq.
63 Okl. St. Ann. § 1075, OK ST T. 63 § 1075
Current with emergency effective legislation through Chapter 3 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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