Full text
[Repealed, 2012, c. 31, s. 418]
[Repealed, 2012, c. 31, s. 418]
[Repealed, 2012, c. 31, s. 418]
If a secured creditor who holds security on aircraft objects under an agreement with the bankrupt is postponed from realizing or otherwise dealing with that security, the order under which the postponement is made is terminated
The bankruptcy of a debtor does not prevent a creditor who holds security on aircraft objects — or who is a lessor of aircraft objects or a conditional seller of aircraft objects — under an agreement with the bankrupt from taking possession of the equipment