agricultural compositions and extensions

agricultural compositions and extensions
Proceedings under the Bankruptcy Act, provided as a temporary measure in 1933, but continued in effect until March 1, 1949, when the statute was allowed to expire, the objective of the legislation being to enable a farm debtor to hold onto his property and keep operating under extensions of time for payment or redemption. 9 Am J2d Bankr § 1625.

Ballentine's law dictionary. . 1998.

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