11 U.S.C. § 748 — Reduction of securities to money
submitted 48 years ago by Pub. L. 95-598 to r/title-11-BANKRUPTCY · 46 words · no verdicts yet
This section permits the trustee to convert securities into money. The trustee must follow the conditions stated in this section.
As soon as practicable after the date of the order for relief, the trustee shall reduce to money, consistent with good market practice, all securities held as property of the estate, except for customer name securities delivered or reclaimed under section 751 of this title.
As soon as practicable after the date of the order for relief, the trustee shall reduce to money, consistent with good market practice, all securities held as property of the estate, except for customer name securities delivered or reclaimed under section 751 of this title.
Source credit: (Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2614.)
- 1978Enacted · Pub. L. 95-598 · 92 Stat. 2614
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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