Public-domain · open source
OpenJurist

Me. Rev. Stat. tit. 30-A, § 4705

Exemption of property from execution sale

Known as the Maine Housing Authorities Act

The act spans §§ 4701–4994 (109 sections).

PL 1987, c. 737, §§A2,C106 (NEW)

All real property of an authority is exempt from levy and sale by virtue of an execution, and no execution or other judicial process may issue against the authority's real property nor may any judgment against an authority be a charge or lien upon its real property.

1. Exceptions. This section does not apply to or limit:

A. The right of obligees to foreclose or otherwise enforce any mortgage or other security of an authority;

B. The right of obligees to pursue any remedies for the enforcement of any pledge or lien given by an authority on its rents, fees or revenues; or

C. The right of the Federal Government to pursue any remedies conferred upon it under this chapter.

Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.