ALLcrimesfood&drugstaxestelecomcommercehealthconservationtransportationagricultureveteransbrowse all titles »
0

11 U.S.C. § 765Customer instructions

submitted 48 years ago by Pub. L. 95-598 to r/title-11-BANKRUPTCY · 135 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
(a)

The notice required by section 342 of this title to customers shall instruct each customer—

(1)

to file a proof of such customer’s claim promptly, and to specify in such claim any specifically identifiable security, property, or commodity contract; and

(2)

to instruct the trustee of such customer’s desired disposition, including transfer under section 766 of this title or liquidation, of any commodity contract specifically identified to such customer.

(b)

The trustee shall comply, to the extent practicable, with any instruction received from a customer regarding such customer’s desired disposition of any commodity contract specifically identified to such customer. If the trustee has transferred, under section 766 of this title, such a commodity contract, the trustee shall transmit any such instruction to the commodity broker to whom such commodity contract was so transferred.

Source credit: (Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2619; Pub. L. 97–222, § 18, July 27, 1982, 96 Stat. 240; Pub. L. 98–353, title III, § 488, July 10, 1984, 98 Stat. 383.)

history & why it existsrecord from the source credit
  • 1978Enacted · Pub. L. 95-598 · 92 Stat. 2619
  • 1982Amended · Pub. L. 97-222 · 96 Stat. 240
  • 1984Amended · Pub. L. 98-353 · 98 Stat. 383

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

all 0 arguments · sorted by: best

0/280

no arguments yet — make the first case