29A.94 - FINES AND PENALTIES ON CONTRACTS.
29A.94 FINES AND PENALTIES ON CONTRACTS.
1. If compliance with the terms of a contract is stayed pursuant
to this subchapter, a fine or penalty shall not accrue by reason of
failure to comply with the terms of the contract during the period of
the stay.
2. If a service member has not obtained a stay, and a fine or
penalty is imposed for nonperformance of an obligation, a court may
relieve enforcement if the service member was in military service
when the penalty was incurred and the service member's ability to pay
or perform was materially impaired. Section History: Recent Form
2002 Acts, ch 1117, §28, 40
Referred to in § 29A.105