11 U.S.C. § 1184 — Rights and powers of a debtor in possession
submitted 7 years ago by Pub. L. 116-54 to r/title-11-BANKRUPTCY · 76 words · no verdicts yet
This section gives a debtor in possession most of the rights and powers of a trustee in a case under this chapter. The debtor must also perform the trustee’s functions and duties, with stated exceptions and any limits or conditions set by the court.
Subject to limits or conditions that the court sets, a debtor in possession* has all the rights and powers of a trustee serving in a case under this chapter, except the right to compensation under section 330 of this title. The debtor* must perform all of that trustee’s functions and duties, except the duties listed in paragraphs (2), (3), and (4) of section 1106(a) of this title. Those duties include operating the debtor’s business.
Subject to such limitations or conditions as the court may prescribe, a debtor in possession* shall have all the rights, other than the right to compensation under section 330 of this title, and powers, and shall perform all functions and duties, except the duties specified in paragraphs (2), (3), and (4) of section 1106(a) of this title, of a trustee serving in a case under this chapter, including operating the business of the debtor*.
Source credit: (Added Pub. L. 116–54, § 2(a), Aug. 23, 2019, 133 Stat. 1080.)
- 2019Enacted · Pub. L. 116-54 · 133 Stat. 1080
A history note hasn’t been published yet. The record shows enactment by Pub. L. 116-54 on 2019-08-23.
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