36-7-18-34. Exemption of real property from execution or other judicial process

IN Code § 36-7-18-34 (2019) (N/A)
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Sec. 34. (a) All real property of a housing authority is exempt from levy and sale by virtue of an execution, and no execution or other judicial process may be issued against it.

(b) A judgment against a housing authority may not be made a charge or lien upon its real property.

(c) This section does not apply to the right of obligees to foreclose or otherwise enforce a mortgage of a housing authority, or the right of obligees to pursue remedies for the enforcement of a pledge or lien given by an authority on its rents, fees, or revenues.

[Pre-Local Government Recodification Citation: 18-7-11-19.]

As added by Acts 1981, P.L.309, SEC.37.