Provision record
Luma AI · Luma AI Terms of Service · View original document ↗

Termination for Bankruptcy or Insolvency

Medium severity Explicit document language Common · 298 of 352 platforms
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This analysis describes what Luma AI's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

How other platforms handle this

Snapchat Medium

Regardless of who terminates these Terms, both you and Snap continue to be bound by Sections 2, 3 (to the extent any additional terms and conditions would, by their terms, survive), and 6 - 25 of the Terms.

Twitch Medium

Upon termination of these Terms of Service, any provision which, by its nature or express terms should survive, will survive such termination or expiration, including, but not limited to, Sections 7-10, and 14-20.

Shopify Medium

You may cancel your Account and terminate the Terms of Service at any time by contacting Shopify Support and then following the specific instructions indicated to you in Shopify's response.

See all platforms with this clause type →
▸ View Original Clause Language DOCUMENT RECORD
"
ceases operation without a successor; or (c) seeks protection under a bankruptcy, receivership, trust deed, creditors' arrangement, composition, or comparable proceeding...

Excerpt from Luma AI's Terms of Service

Provision details

Document information
Document
Luma AI Terms of Service
Entity
Luma AI
Date stated by the document
May 14, 2026
As printed in Luma AI’s text (version CA-V-006794), not a ConductAtlas date.
Tracking information
First captured by ConductAtlas
April 29, 2026
Text quoted from version
CA-V-006794, captured Sept. 11, 2026
Record ID
CA-P-045485
Document ID
CA-D-000498
Evidence Provenance
Source URL
Wayback Machine
Archived bytes SHA-256 (version CA-V-006794)
e8cf445a2cea91fb162919c925ab8112605b9855369a3e513626c29680635496
Analysis generated
May 21, 2026 00:31 UTC
Methodology
Evidence
✓ Excerpt found verbatim in version CA-V-006794 (checked Oct. 5, 2026)
Citation Record
Entity: Luma AI
Document: Luma AI Terms of Service
Record ID: CA-P-045485
Version: CA-V-006794
Captured: 2026-09-11 01:00:44 UTC
SHA-256: e8cf445a2cea91fb…
URL: https://conductatlas.com/platform/luma-ai/luma-ai-terms-of-service/provision/CA-P-045485/termination-for-bankruptcy-or-insolvency/
Accessed: Oct. 8, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
Medium
Categories

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Frequently Asked Questions

What does Luma AI's Termination for Bankruptcy or Insolvency clause do?

The clause states: “ceases operation without a successor; or (c) seeks protection under a bankruptcy, receivership, trust deed, creditors' arrangement, composition, or comparable proceeding...”

How many platforms have this type of clause?

ConductAtlas has identified this type of provision across 298 platforms. See the full comparison.

Is ConductAtlas affiliated with Luma AI?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Luma AI.