2021 US Code
Title 11 - Bankruptcy
Chapter 11 - Reorganization
Subchapter V - Small Business Debtor Reorganization
Sec. 1185 - Removal of debtor in possession

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Citation 11 U.S.C. § 1185 (2021)
Section Name §1185. Removal of debtor in possession
Section Text

(a) In General.—On request of a party in interest, and after notice and a hearing, the court shall order that the debtor shall not be a debtor in possession for cause, including fraud, dishonesty, incompetence, or gross mismanagement of the affairs of the debtor, either before or after the date of commencement of the case, or for failure to perform the obligations of the debtor under a plan confirmed under this subchapter.

(b) Reinstatement.—On request of a party in interest, and after notice and a hearing, the court may reinstate the debtor in possession.

Source Credit

(Added Pub. L. 116–54, §2(a), Aug. 23, 2019, 133 Stat. 1080.)


Editorial Notes STATUTORY NOTES AND RELATED SUBSIDIARIES EFFECTIVE DATE

Section effective 180 days after Aug. 23, 2019, see section 5 of Pub. L. 116–54, set out as an Effective Date of 2019 Amendment note under section 101 of this title.

Publication Title United States Code, 2018 Edition, Supplement 3, Title 11 - BANKRUPTCY
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 11 - BANKRUPTCY
CHAPTER 11 - REORGANIZATION
SUBCHAPTER V - SMALL BUSINESS DEBTOR REORGANIZATION
Sec. 1185 - Removal of debtor in possession
Contains section 1185
Date 2021
Laws In Effect As Of Date January 3, 2022
Positive Law Yes
Disposition standard
Statutes at Large References 133 Stat. 1080
Public Law References Public Law 116-54
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