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11 U.S.C. § 926 — Avoiding powers

submitted 48 years ago by Pub. L. 95-598 to r/title-11-BANKRUPTCY · 80 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)

If the debtor refuses to pursue a cause of action under section 544, 545, 547, 548, 549(a), or 550 of this title, then on request of a creditor, the court may appoint a trustee to pursue such cause of action.

(b)

A transfer of property of the debtor to or for the benefit of any holder of a bond or note, on account of such bond or note, may not be avoided under section 547 of this title.

Source credit: (Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2623; Pub. L. 100–597, § 6, Nov. 3, 1988, 102 Stat. 3029.)

history & why it existsrecord from the source credit
  • 1978Enacted · Pub. L. 95-598 · 92 Stat. 2623
  • 1988Amended · Pub. L. 100-597 · 102 Stat. 3029

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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