Title 50 — War and National DefenseRelease 119-73not60
§4026 Business or Trade Obligations
Title 50 › Chapter 50— SERVICEMEMBERS CIVIL RELIEF › Subchapter VII— FURTHER RELIEF › § 4026
Summary
Protects a servicemember’s personal assets from being used to pay business debts while they serve in the military. If the person owed asks a court, the court may change that protection when it finds it fair.
Full Legal Text
Title 50, §4026
War and National Defense — Source: USLM XML via OLRC
(a)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)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.
Legislative History
Notes & Related Subsidiaries
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.
Reference
Citations & Metadata
Citation
50 U.S.C. § 4026
Title 50 — War and National Defense
Last Updated
Apr 5, 2026
Release point: 119-73not60