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50 U.S.C. § 4026 50 u.s.c. · servicemembers civil relief · title 50
50 U.S.C. § 4026
Business or trade obligations
Title 50 USC
● ACTIVE
Ch. 50
Jurisdiction Federal — United States
Chapter SERVICEMEMBERS CIVIL RELIEF
Primary Source uscode.house.gov ↗
Federation ID OM-USC50-SEC-7F76F4
STATUTORY TEXT primary source · verbatim · uscode.house.gov

U.S.C. Title 50 - WAR AND NATIONAL DEFENSE 50 U.S.C. United States Code, 2023 Edition Title 50 - WAR AND NATIONAL DEFENSE CHAPTER 50 - SERVICEMEMBERS CIVIL RELIEF SUBCHAPTER VII - FURTHER RELIEF Sec. 4026 - Business or trade obligations From the U.S. Government Publishing Office, www.gpo.gov

§4026. Business or trade obligations

(a) Availability of non-business assets to satisfy obligations If the trade or business (without regard to the form in which such trade or business is carried out) of a servicemember has an obligation or liability for which the servicemember is personally liable, the assets of the servicemember not held in connection with the trade or business may not be available for satisfaction of the obligation or liability during the servicemember's military service. (b) Relief to obligors Upon application to a court by the holder of an obligation or liability covered by this section, relief granted by this section to a servicemember may be modified as justice and equity require.

(Oct. 17, 1940, ch. 888, title VII, §706, as added Pub. L. 108–189, §1, Dec. 19, 2003, 117 Stat. 2865.)

Editorial Notes

Codification Section was formerly classified to section 596 of the former Appendix to this title prior to editorial reclassification and renumbering as this section.

Statutory Notes and Related Subsidiaries

Effective Date Section applicable to any case not final before Dec. 19, 2003, see section 3 of Pub. L. 108–189, set out as a note under section 3901 of this title.

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 50 U.S.C. § 4026 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
OakMorel Law
50 U.S.C.
Citation
50 U.S.C. § 4026
Status
● ACTIVE
Chapter
50 — SERVICEMEMBERS CIVIL RELIEF
Title
War and National Defense
Jurisdiction
Federal
Federation ID
OM-USC50-SEC-7F76F4
Root-LD Spec
v1.0
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War and National Defense — 50 U.S.C. § 4026