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| Publication Title | United States Code, 2006 Edition, Supplement 5, Title 11 - BANKRUPTCY |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 11 - BANKRUPTCY CHAPTER 9 - ADJUSTMENT OF DEBTS OF A MUNICIPALITY SUBCHAPTER II - ADMINISTRATION Sec. 928 - Post petition effect of security interest |
| Contains | section 928 |
| Date | 2011 |
| Laws in Effect as of Date | January 3, 2012 |
| Positive Law | Yes |
| Disposition | standard |
| Source Credit | Added Pub. L. 100-597, §8, Nov. 3, 1988, 102 Stat. 3029. |
| Statutes at Large Reference | 102 Stat. 3029 |
| Public Law References | Public Law 100-597 |
Download PDF
(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 DateSection 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.
