Sec. 392.103. EXEMPTION OF PROPERTY FROM EXECUTION SALE. (a) The real property of an authority is exempt from levy and sale by execution. An execution or other judicial process may not issue against the property, and a judgment against the authority may not be a charge or lien on the property.
(b) Subsection (a) does not limit the right of an obligee to foreclose or otherwise enforce a mortgage of an authority or to pursue a remedy for the enforcement of a pledge or lien given by the authority on its rents, fees, or revenues.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Structure Texas Statutes
Title 12 - Planning and Development
Subtitle C - Planning and Development Provisions Applying to More Than One Type of Local Government
Chapter 392 - Housing Authorities Established by Municipalities and Counties
Section 392.101. Remedies of an Obligee of the Authority
Section 392.102. Optional Remedies of an Obligee
Section 392.103. Exemption of Property From Execution Sale
Section 392.104. Effect of Certain Provisions on Obligee Rights Conferred by Authority