Hawaii Revised Statutes
206. Oahu Land Development
206-24 Exemption of property from execution sale.

§206-24 Exemption of property from execution sale. All real property of the board of land and natural resources shall be exempt from mechanic's or materialmen's liens; provided that recovery for such claims may be had from any bond supplied as required by section 206-22. The real property shall also 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 board be a charge or lien upon its real property; provided that this section shall not apply to or limit the right of obligees to foreclose or otherwise enforce any mortgage of the board or to pursue any remedies for the enforcement of any pledge or liens given by or with the consent of the board. [L 1961, c 6, §22; Supp, §98J-22; HRS §206-24]

Structure Hawaii Revised Statutes

Hawaii Revised Statutes

Title 13. Planning and Economic Development

206. Oahu Land Development

206-1 Definitions.

206-2 Administration of chapter.

206-3 Interested members, officers or employees.

206-4 General powers.

206-5 Declaration of development areas.

206-6 Acquisition of land within a development area.

206-7 Property that shall not be acquired for development projects.

206-8 Development of lands acquired.

206-9 Disposition of lands.

206-10 Restrictions on sale and use of residential lots by purchaser.

206-11 Breach, mortgaging, effect of breach, etc.

206-12 Requirement to develop.

206-13 Power to lease, pledge, or mortgage.

206-14 Cooperative agreements with other government agencies.

206-15 Hearings, witnesses, etc.

206-16 Investment of reserves.

206-17 Additional powers.

206-18 Security for funds deposited by board.

206-19 Eminent domain.

206-20 Contracts with federal government.

206-21 Contracts.

206-22 Performance bond, procedure.

206-23 Exemption from taxation and assessments.

206-24 Exemption of property from execution sale.

206-25 Duty to make reports.

206-26 Disclosure by private developer; public records.

206-27 Bonds.

206-28 State and political subdivisions not liable on bonds.

206-29 Form and sale of bonds.

206-30 Provisions of bonds.

206-31 Remedies of an obligee; mandamus, injunction, possessory action, receiver, accounting, etc.

206-32 Subordination of mortgage to agreement with government.

206-33 Development project bonds as legal investments.

206-34 Policy as to sale prices and rentals.

206-35 Agreement to secure federal contributions; default.

206-36 Payments to public bodies.

206-37 Conveyance, lease, or agreement in aid of development projects, purchase of bonds.

206-38 Governmental advances and donations.

206-39 Action of political subdivision by resolution.

206-40 Purpose of chapter.

206-41 Source of operating funds; disposition of unencumbered funds.

206-42 Conformity with federal law.

206-43 Existing obligations, no impairment.