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2019 Alaska Statutes
Title 44. State Government
Chapter 85. Alaska Municipal Bond Bank Authority
Sec. 44.85.340. Exemption from execution and sale.
Universal Citation: AK Stat § 44.85.340 (2019)
All property of the bond bank authority is exempt from levy and sale by virtue of an execution and no execution or other judicial process may issue against the property. A judgment against the bond bank authority may not be a charge or lien upon its property; however, nothing in this section applies to or limits the rights of the holder of bonds or notes to pursue a remedy for the enforcement of a pledge or lien given by the bond bank authority on its revenues or other money.
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