{"data":{"id":"us/11-u.s.c.-744","jurisdiction":"us","citation":"11 U.S.C. § 744","heading":"Executory contracts","body":"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.","path":["Title 11—BANKRUPTCY","CHAPTER 7—LIQUIDATION"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc11@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T05:56:12Z","sha256":"1d13c5689b02c1074c410cf7faedf4315bac41a0b92f98a2bd45e5a5f471d4f8","source_id":"us","stale":false,"prev":"us/11-u.s.c.-743","next":"us/11-u.s.c.-745"},"notice":"GroundRules: Original legal text. Not legal advice."}