11 U.S.C. § 767 — Commodity broker liquidation and forward contract merchants, commodity brokers, stockbrokers, financial institutions, financial participants, securities clearing agencies, swap participants, repo participants, and master netting agreement participants
submitted 21 years ago by Pub. L. 109-8 to r/title-11-BANKRUPTCY · 56 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
Notwithstanding any other provision of this title, the exercise of rights by a forward contract* merchant, commodity broker*, stockbroker, financial institution*, financial participant*, securities clearing agency, swap participant*, repo participant, or master netting agreement participant under this title shall not affect the priority of any unsecured claim* it may have after the exercise of such rights.
Source credit: (Added Pub. L. 109–8, title IX, § 907(l), Apr. 20, 2005, 119 Stat. 181.)
- 2005Enacted · Pub. L. 109-8 · 119 Stat. 181
A history note hasn’t been published yet. The record shows enactment by Pub. L. 109-8 on 2005-04-20.
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