{"data":{"id":"us-in/ic-5-1.4-9-2","jurisdiction":"us-in","citation":"IC 5-1.4-9-2","heading":"Bank property exempt from levy and sale; judgment against bank not charge or lien on property; rights of holders of bonds or notes","body":"Sec. 2. All property of the bank is exempt from levy and sale by virtue of an execution and no execution or other judicial process may issue against the property. A judgment against the bank may not be a charge or lien upon its property. However, nothing in this section applies to or limits the rights of the holder of bonds or notes to pursue a remedy for the enforcement of a pledge or lien given by the bank on its revenues or other money.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 1.4. LOCAL PUBLIC IMPROVEMENT BOND BANKS","Chapter 9. Miscellaneous Provisions"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-1.4-9-2","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"25873ecac092669c798ea501e616b33202a9e6c77912f8a00de5d3ebede54693","source_id":"us-in","stale":false,"prev":"us-in/ic-5-1.4-9-1","next":"us-in/ic-5-1.4-9-3"},"notice":"GroundRules: Original legal text. Not legal advice."}