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us-gu · Through P.L. 38-133 (June 4, 2026)

7 GCA § 50057: Agreements Rejected.

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Where this section sits in the code
  1. Title 7: Judiciary and Civil Procedure
  2. Division 3 - Civil Special Proceedings
  3. Chapter 50: Insolvency Law
  4. ARTICLE 2: SUSPENSION OF PAYMENTS

The proposed agreement shall be deemed rejected if the number of creditors required for holding a meeting does not voluntarily attend thereat, or if the two majorities mentioned in § 50055(e) are not in favor thereof, even if the negative vote itself does not receive such majority.

Collected 2026-09-27T02:38:08Z. Source file · JSON

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