P.R. Laws tit. 17, § 51

2019-02-20 00:00:00+00
§ 51. Housing Authorities law—Property exempt from levy or lien

All property, including funds, of an authority shall be exempt from any kind of judicial process including, without limitations, attachment, levy, foreclosure, and sale by virtue of an attachment or foreclosure, and no judgment shall be a lien or charge on its property or funds, neither shall any authority be required to give bond or to pay fees, imposts, charges or costs of any kind or nature in connection with the institution or defense, and the subsequent prosecution as plaintiff, defendant, or in any other capacity, in any action or judicial or administrative proceeding; Provided, however, That the provisions of this section shall not apply to or limit the rights of obligees to foreclose or otherwise enforce any mortgage or other security of an authority, or the rights of obligees to pursue remedies for the enforcement of any pledge or lien established by the authority on its rents, fees, or revenues, or the rights of the federal government to pursue the remedies conferred upon it by §§ 31—38, 39—45, 46—55 of this title. The authority shall satisfy promptly any judgment against it. If a judgment involves the payment of a sum of money, and it is not possible for such payment to be made because no funds are available for such purpose in the current budget, the authority shall allocate funds for such payments in its budget for the ensuing fiscal year. If the authority fails to pay within the three months following the approval of such budget, the Court of First Instance may enforce payment by means of a writ of mandamus.

History —May 6, 1938, No. 126, p. 253, § 20; June 23, 1956, No. 88, p. 576, § 1.