489. Personal insolvency.

On the bankruptcy of a tenant who is beneficially interested in the leasehold property1 the term vests2 in his trustee3, who thereupon, as assignee, becomes personally liable for the rent and under the covenants4. The trustee in bankruptcy may terminate his liability by assigning over5, unless prevented from assigning by the terms of the lease6, or he may avoid the liability altogether by disclaiming