§ 21116. — 21116. (Enacted by Stats. 1976, Ch. 1010.)

California § 21116.

• Jurisdiction: California
• Code EDC: Education Code - EDC
• Div.: 1.
• Title 1.: DIVISION 1. GENERAL EDUCATION CODE PROVISIONS
• Part 12.: PART 12. FOUNDATIONS AND STATE COMMITTEES AND COMMISSIONS
• Ch. 1.: CHAPTER 1. Foundations, Trusts, and Institutions of Arts and Sciences
• Art. 1.: ARTICLE 1. Foundations and Trusts

Text

The property conveyed by the grant shall not, after a lapse of two years from the date of the filing for record of the grant, be subject to forced sale, under execution, or judicial proceedings of any kind, against the grantor or his privies, unless the action under which the execution is issued, or the proceedings under which the sale is ordered, has been commenced within two years after the grant has been filed for record. No property shall be subject to execution or forced sale under any judgment obtained in any proceedings instituted within two years, if there is other property of the grantor, subject to execution or forced sale sufficient to satisfy the judgment. Nothing in this section contained shall be construed to affect mechanics’ or laborers’ liens.

Legislative History

Enacted by Stats. 1976, Ch. 1010.