11 U.S.C. § 321 — Eligibility to serve as trustee
submitted 48 years ago by Pub. L. 95-598 to r/title-11-BANKRUPTCY · 151 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
A person may serve as trustee in a case under this title only if such person is—
an individual that is competent to perform the duties of trustee and, in a case under chapter 7, 12, or 13 of this title, resides or has an office in the judicial district within which the case is pending, or in any judicial district adjacent to such district; or
a corporation* authorized by such corporation’s charter or bylaws to act as trustee, and, in a case under chapter 7, 12, or 13 of this title, having an office in at least one of such districts.
A person that has served as an examiner in the case may not serve as trustee in the case.
The United States trustee for the judicial district in which the case is pending is eligible to serve as trustee in the case if necessary.
Source credit: (Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2561; Pub. L. 98–353, title III, § 428, July 10, 1984, 98 Stat. 369; Pub. L. 99–554, title II, §§ 206, 257(c), Oct. 27, 1986, 100 Stat. 3098, 3114.)
- 1978Enacted · Pub. L. 95-598 · 92 Stat. 2561
- 1984Amended · Pub. L. 98-353 · 98 Stat. 369
- 1986Amended · Pub. L. 99-554 · 100 Stat. 3098, 3114
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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