{"data":{"id":"us-ak/as-26.27.240","jurisdiction":"us-ak","citation":"AS 26.27.240","heading":"Exemption of real property of corporation from execution or other process.","body":"All real property of the corporation is exempt from levy and sale by execution, and an execution or other judicial process may not issue against it. A judgment against the corporation may not be a charge or lien upon its real property. However, this section does not limit the right of an obligee to foreclose or otherwise enforce a mortgage of the corporation or to pursue any remedy for the enforcement of a pledge or lien given by the corporation on its rents, fees, or revenues.","path":["Title 26. Military Affairs, Veterans, Disasters, and Aerospace.","Chapter 27. Alaska Aerospace Corporation."],"source_url":"https://www.akleg.gov/basis/statutes.asp#26.27.240","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:18:01Z","sha256":"7094a170f1f9d2a0fd921a9803de7d9d34b8bd94d327ff905f9fc07b7d098886","source_id":"us-ak","stale":false,"prev":"us-ak/as-26.27.230","next":"us-ak/as-26.27.250"},"notice":"GroundRules: Original legal text. Not legal advice."}