2015 US Code
Title 11 - Bankruptcy (Sections 101 - 1532)
Chapter 7 - Liquidation (Sections 701 - 784)
Subchapter III - Stockbroker Liquidation (Sections 741 - 753)
Sec. 750 - Distribution of securities
| Publication Title | United States Code, 2012 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 7 - LIQUIDATION SUBCHAPTER III - STOCKBROKER LIQUIDATION Sec. 750 - Distribution of securities |
| Contains | section 750 |
| Date | 2015 |
| Laws In Effect As Of Date | January 3, 2016 |
| Positive Law | Yes |
| Disposition | standard |
| Source Credit | Pub. L. 95-598, Nov. 6, 1978, 92 Stat. 2614. |
| Statutes at Large Reference | 92 Stat. 2614 |
| Public and Private Law | Public Law 95-598 |
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The trustee may not distribute a security except under section 751 of this title.
(Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2614.)
HISTORICAL AND REVISION NOTESSENATE REPORT NO. 95–989Section 750 forbids the trustee from distributing a security other than a customer name security. The term "distribution" refers to a distribution to customers in satisfaction of net equity claims and is not intended to preclude the trustee from liquidating securities under proposed 11 U.S.C. 748.
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