2005 Idaho Code - 67-8920 — EXEMPTION OF REAL PROPERTY OF AUTHORITY FROM LEVY AND SALE BY EXECUTION

                                  TITLE  67
                      STATE GOVERNMENT AND STATE AFFAIRS
                                  CHAPTER 89
                     IDAHO ENERGY RESOURCES AUTHORITY ACT
    67-8920.  EXEMPTION OF REAL PROPERTY OF AUTHORITY FROM LEVY AND SALE BY
EXECUTION. All real property of the authority 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 its real property; provided however, that the provisions
of this section shall not apply to or limit the right of bondholders to
foreclose or otherwise enforce any mortgage or other security of the authority
or the right of obligees and bondholders 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 obligees or bondholders to pursue any remedies
conferred upon the same pursuant to this chapter.

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