All real property of an 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 an authority be for a charge or lien upon its real property; however, the provisions of this section shall not apply to or limit the right of obligees to foreclose or otherwise enforce any mortgage of an authority or 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.
Structure Mississippi Code
Title 19 - Counties and County Officers
Chapter 29 - Local and Regional Railroad Authorities
§ 19-29-3. Legislative findings and declaration of purpose
§ 19-29-13. Proof of authorization or existence of county or regional railroad authority
§ 19-29-15. Commissioners; expenses; quorum; officers
§ 19-29-17. General powers of railroad authority
§ 19-29-19. Acquisition of property by eminent domain
§ 19-29-21. Disposal of railroad property or facilities
§ 19-29-23. Contracts or leases in connection with operation of railroad properties and facilities
§ 19-29-25. Rules and regulations
§ 19-29-27. Designation of agent for receipt and disbursement of funds
§ 19-29-29. Issuance of bonds by authority; security; limitation of liability thereon; tax exemption
§ 19-29-31. Resolution authorizing issuance of bonds; terms and covenants
§ 19-29-33. Form and details of bonds
§ 19-29-35. Trust agreement securing bonds
§ 19-29-37. Bonds to be legal investments and negotiable instruments
§ 19-29-39. Property and income of authority exempt from taxation
§ 19-29-41. Real property of authority exempt from levy and execution
§ 19-29-43. Aid and cooperation of political subdivisions
§ 19-29-45. Annual report and recommendations of railroad authorities
§ 19-29-47. Provisions inapplicable to certain counties with port commissions