2019 New Mexico Statutes
Chapter 11 - Intergovernmental Agreements and Authorities
Article 3A - Regional Housing Law
Section 11-3A-21 - Exemption of property from execution sale.
All real property owned or held by a regional housing authority for the purposes of the Regional Housing Law shall be exempt from levy and sale by virtue of an execution, and no execution or other judicial process shall be issued against property of the regional housing authority or shall any judgment against a regional housing authority be a charge or lien on the regional housing authority's real 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 to them on rents, fees or revenues
History: Laws 1994, ch. 132, § 21; 1995, ch. 191, § 20; 2009, ch. 48, § 14.
ANNOTATIONSCompiler's notes. — Laws 1995, ch. 191, § 25, effective June 16, 1995, repealed Laws 1994, ch. 132, § 30, which provided for the repeal of this section on July 1, 1995.
The 2009 amendment, effective March 31, 2009, added "regional housing authority".
The 1995 amendment, effective June 16, 1995, made minor stylistic changes throughout the section.
