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11 U.S.C. § 751Customer name securities

submitted 48 years ago by Pub. L. 95-598 to r/title-11-BANKRUPTCY · 78 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

The trustee shall deliver any customer name security to or on behalf of the customer entitled to such security, unless such customer has a negative net equity. With the approval of the trustee, a customer may reclaim a customer name security after payment to the trustee, within such period as the trustee allows, of any claim of the debtor against such customer to the extent that such customer will not have a negative net equity after such payment.

Source credit: (Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2614.)

history & why it existsrecord from the source credit
  • 1978Enacted · Pub. L. 95-598 · 92 Stat. 2614

A history note hasn’t been published yet. The record shows enactment by Pub. L. 95-598 on 1978-11-06.

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