Title 11 — BankruptcyRelease 119-73not60
§929 Municipal Leases
Title 11 › Chapter 9— ADJUSTMENT OF DEBTS OF A MUNICIPALITY › Subchapter II— ADMINISTRATION › § 929
Summary
Municipal leases aren't executory contracts or unexpired leases under sections 365 or 502(b)(6) just because the rent isn't budgeted.
Full Legal Text
Title 11, §929
Bankruptcy — Source: USLM XML via OLRC
A lease to a municipality shall not be treated as an executory contract or unexpired lease for the purposes of section 365 or 502(b)(6) of this title solely by reason of its being subject to termination in the event the debtor fails to appropriate rent.
Legislative History
Notes & Related Subsidiaries
Statutory Notes and Related Subsidiaries
Effective Date
Section effective Nov. 3, 1988, but not applicable to any case commenced under this title before that date, see section 12 of Pub. L. 100–597, set out as an
Effective Date
of 1988 Amendment note under section 101 of this title.
Reference
Citations & Metadata
Citation
11 U.S.C. § 929
Title 11 — Bankruptcy
Last Updated
Apr 3, 2026
Release point: 119-73not60