---
kind: "section"
citation: "50 U.S.C. § 4026"
title: "50"
title_heading: "War and National Defense"
number: "4026"
heading: "Business or trade obligations"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/50/4026"
units:
  - "Chapter 50 — Servicemembers Civil Relief"
  - "Subchapter VII — Further Relief"
---

# §4026. Business or trade obligations

- (a) **Availability of non-business assets to satisfy obligations—** If the trade or business (without regard to the form in which such trade or business is carried out) of a [servicemember](/usc/50/3911.md?p=1) has an obligation or liability for which the [servicemember](/usc/50/3911.md?p=1) is personally liable, the assets of the [servicemember](/usc/50/3911.md?p=1) not held in connection with the trade or business may not be available for satisfaction of the obligation or liability during the [servicemember](/usc/50/3911.md?p=1)’s [military service](/usc/50/3911.md?p=2).
- (b) **Relief to obligors—** Upon application to a [court](/usc/50/3911.md?p=5) by the holder of an obligation or liability covered by this section, relief granted by this section to a [servicemember](/usc/50/3911.md?p=1) may be modified as justice and equity require.

## Source credit

(Oct. 17, 1940, ch. 888, title VII, § 706, as added Pub. L. 108–189, § 1, Dec. 19, 2003, 117 Stat. 2865.)

## Notes

### Editorial Notes

### Codification

Section was formerly classified to section 596 of the former Appendix to this title prior to editorial reclassification and renumbering as this section.

### Statutory Notes and Related Subsidiaries

### Effective Date

Section 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.