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United States · Bill · S

S. 2059 (104th)

Non-Monetary Default and Unexpired Lease in Bankruptcy Reform Act of 1996

referredUnited States· United States Congress· EN

Introduced

9 September 1996

Last action

Status

Read twice and referred to the Committee on Judiciary.

Sponsors

Subjects

Discovery layer

Source updated

10 August 2026

Summary

Non-Monetary Default and Unexpired Lease in Bankruptcy Reform Act of 1996 - Amends Federal bankruptcy law to declare that the trustee in bankruptcy may assume a debtor's executory contract or an unexpired lease of personal property without satisfying any penalty rate or penalty provision relating to a default arising from the debtor's failure to perform nonmonetary obligations under the contract or lease.

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Documents

3 official files

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Sources

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