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11 U.S.C. § 323 — Role and capacity of trustee

submitted 48 years ago by Pub. L. 95-598 to r/title-11-BANKRUPTCY · 31 words · no verdicts yet

in plain englishAI-generated · not legal advice

The bankruptcy trustee represents the bankruptcy estate. The trustee can sue other people and can be sued by them.

(a) The trustee represents the bankruptcy estate. The trustee acts for the estate in the case.
(b) The trustee can sue other people or businesses. The trustee can also be sued.

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

The trustee in a case under this title is the representative of the estate.

(b)

The trustee in a case under this title has capacity to sue and be sued.

Source credit: (Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2562.)

history & why it existsrecord from the source credit
  • 1978Enacted · Pub. L. 95-598 · 92 Stat. 2562

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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