Okla. Stat. tit. 63, § 63-1075
This is the official text of Okla. Stat. tit. 63, § 63-1075, part of Oklahoma’s Stat. tit. 63, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 63,." Browse the sections below, each linked to its official government source.
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Exemption of property from execution sale
Official statutory text
All property, including funds acquired or held by an authority
pursuant to this act, 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
Oklahoma Statutes - Title 63. Public Health and Safety Page 1327
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.
pursuant to this act, 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
Oklahoma Statutes - Title 63. Public Health and Safety Page 1327
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.
Status: in_force · Read it on the official government site
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