Section 305. Relief against fines and penalties, et cetera  


Latest version.
  • When an action
      for compliance with the terms of any contract is stayed pursuant to this
      act no fine or penalty shall accrue by reason of failure to comply  with
      the  terms  of  such contract during the period of such stay, and in any
      case where a person fails to  perform  any  obligation  and  a  fine  or
      penalty  for such non-performance is incurred a court may, on such terms
      as may be just, relieve against the enforcement of such fine or  penalty
      if  it  shall  appear  that  the person who would suffer by such fine or
      penalty was in the military service when the penalty was  incurred,  and
      that  by  reason  of  such  service the ability of such person to pay or
      perform was thereby materially impaired.