2011 US Code
Title 11 - Bankruptcy
Chapter 9 - ADJUSTMENT OF DEBTS OF A MUNICIPALITY (§§ 901 - 946)
Subchapter II - ADMINISTRATION (§§ 921 - 930)
Section 928 - Post petition effect of security interest

View Metadata
Metadata
Publication TitleUnited States Code, 2006 Edition, Supplement 5, Title 11 - BANKRUPTCY
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 11 - BANKRUPTCY
CHAPTER 9 - ADJUSTMENT OF DEBTS OF A MUNICIPALITY
SUBCHAPTER II - ADMINISTRATION
Sec. 928 - Post petition effect of security interest
Containssection 928
Date2011
Laws in Effect as of DateJanuary 3, 2012
Positive LawYes
Dispositionstandard
Source CreditAdded Pub. L. 100-597, §8, Nov. 3, 1988, 102 Stat. 3029.
Statutes at Large Reference102 Stat. 3029
Public Law ReferencesPublic Law 100-597

Download PDF
11 USC § 928 (2011)
§928. Post petition effect of security interest

(a) Notwithstanding section 552(a) of this title and subject to subsection (b) of this section, special revenues acquired by the debtor after the commencement of the case shall remain subject to any lien resulting from any security agreement entered into by the debtor before the commencement of the case.

(b) Any such lien on special revenues, other than municipal betterment assessments, derived from a project or system shall be subject to the necessary operating expenses of such project or system, as the case may be.

(Added Pub. L. 100–597, §8, Nov. 3, 1988, 102 Stat. 3029.)

Effective Date

Section effective Nov. 3, 1988, but not applicable to any case commenced under this title before that date, see section 12 of Pub. L. 100–597, set out as an Effective Date of 1988 Amendment note under section 101 of this title.

Disclaimer: These codes may not be the most recent version. The United States Government Printing Office may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the US site. Please check official sources.