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11 U.S.C. § 744

Title 11 Chapter 7 Current through PL 118-3 Last updated: March 29, 2026 View on OLRC →
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§ 744. Executory contracts

Notwithstanding section 365(d)(1) of this title , the trustee shall assume or reject, under section 365 of this title , any executory contract of the debtor for the purchase or sale of a security in the ordinary course of the debtor’s business, within a reasonable time after the date of the order for relief, but not to exceed 30 days. If the trustee does not assume such a contract within such time, such contract is rejected.

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