Maine Statutes
§ 5 §13209 — Exemption from execution
Maine·Title 5 ADMINISTRATIVE PROCEDURES AND SERVICES·Part 18-A ECONOMIC AND COMMUNITY DEVELOPMENT·Ch. 393 MAINE SPACE CORPORATION
1.Property exempt from execution.
The real and personal property, including funds, of the corporation is exempt from levy and sale by virtue of an execution. An execution or other judicial process may not be issued against the corporation's real and personal property, and a judgment against the corporation may not be a charge or lien upon its real and personal property.
2.Construction; limitation of application.
This section does not:
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Legislative History
PL 2021, c. 631, §1 (NEW).
Nearby Sections
15
§ 5 §132
Records; collections§ 5 §13201
Maine Space Corporation established§ 5 §13202
Definitions§ 5 §13204
Use of operating revenues§ 5 §13205
Property of corporation§ 5 §13206
Maine Space Complex Fund§ 5 §13207
Bonds§ 5 §13209
Exemption from execution§ 5 §13210
Termination of corporation§ 5 §13211
Annual report§ 5 §13212
Confidential records§ 5 §13213
Exemption from property tax