Title 48 — Territories and Insular Possessions
Chapter 20 — Puerto Rico Oversight, Management, and Economic Stability
§ 2171. Leases
Statutory text
A lease to a territory or territorial instrumentality shall not be treated as an executory contract or unexpired lease for the purposes of section 365 or 502(b)(6) of title 11 solely by reason of the lease being subject to termination in the event the debtor fails to appropriate rent.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Puerto Rico Oversight, Management, and Economic Stability Act
Pub. L. 114–187 title III § 311 · 130 Stat. 549
Enacted · 48 U.S.C. § 2171
(Pub. L. 114–187, title III, § 311, June 30, 2016, 130 Stat. 583.)
Source evidence
Code source credit
(Pub. L. 114–187, title III, § 311, June 30, 2016, 130 Stat. 583.)Enacted provision · exact public law section
SEC. 311. LEASES. A lease to a territory or territorial instrumentality shall not be treated as an executory contract or unexpired lease for the purposes of section 365 or 502(b)(6) of title 11, United States Code, solely by reason of the lease being subject to termination in the event the debtor fails to appropriate rent.
1 of 1 references resolved to an enrolled provision