Fabio
76b8ec33a7
Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
50 lines
2.5 KiB
Markdown
50 lines
2.5 KiB
Markdown
---
|
||
type: "LegalText"
|
||
title: "50 U.S.C. § 3954"
|
||
description: "Settlement of stayed cases relating to personal property"
|
||
jurisdiction: "us"
|
||
corpus: "united_states_code"
|
||
kind: "code_section"
|
||
title_number: 50
|
||
title_name: "WAR AND NATIONAL DEFENSE"
|
||
chapter_number: "50"
|
||
chapter_name: "SERVICEMEMBERS CIVIL RELIEF"
|
||
section: "3954"
|
||
citation: "50 U.S.C. § 3954"
|
||
status: "current"
|
||
release_point: "119-100"
|
||
release_date: "2026-06-26"
|
||
source: "official"
|
||
source_url: "https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc50@119-100.zip"
|
||
source_identifier: "/us/usc/t50/s3954"
|
||
source_file: "data/legal/raw/us/code/title-50/usc50.xml"
|
||
source_hash: "62edf6217c920f06b41322998a500ff64522e0dccc5e0f5b1fb2354f2e33f20e"
|
||
raw_snapshot_hash: "708c288b5448617cab7b03b8011860274671c9aec56686858b910a06948cd7ac"
|
||
text_hash: "16d9a9940c4771aacd92de44602cb801d8a8fce3f8169fb9866e56edec57af8e"
|
||
retrieved_at: "2026-07-04"
|
||
confidence: "official"
|
||
tags: ["legal", "us-code"]
|
||
---
|
||
|
||
# 50 U.S.C. § 3954 - Settlement of stayed cases relating to personal property
|
||
|
||
## Text
|
||
|
||
(a) Appraisal of property When a stay is granted pursuant to this chapter in a proceeding to foreclose a mortgage on or to repossess personal property, or to rescind or terminate a contract for the purchase of personal property, the court may appoint three disinterested parties to appraise the property.
|
||
|
||
(b) Equity payment Based on the appraisal, and if undue hardship to the servicemember’s dependents will not result, the court may order that the amount of the servicemember’s equity in the property be paid to the servicemember, or the servicemember’s dependents, as a condition of foreclosing the mortgage, repossessing the property, or rescinding or terminating the contract.
|
||
|
||
(Oct. 17, 1940, ch. 888, title III, § 304, as added Pub. L. 108–189, § 1, Dec. 19, 2003, 117 Stat. 2848.)
|
||
|
||
## Notes
|
||
|
||
Editorial Notes
|
||
|
||
Codification Section was formerly classified to section 534 of the former Appendix to this title prior to editorial reclassification and renumbering as this section.
|
||
|
||
Prior ProvisionsA prior section 304 of act Oct. 17, 1940, ch. 888, art. III, as added Oct. 6, 1942, ch. 581, § 12, 56 Stat. 772; amended Pub. L. 102–12, § 9(9), Mar. 18, 1991, 105 Stat. 40, related to termination of leases by lessees, prior to the general amendment of this Act by Pub. L. 108–189. See section 3955 of this title.
|
||
|
||
Statutory Notes and Related Subsidiaries
|
||
|
||
Effective DateSection 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.
|