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2016 US Code
Title 11 - Bankruptcy
Chapter 7 - Liquidation
Subchapter III - Stockbroker Liquidation
Sec. 750 - Distribution of securities
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11 U.S.C. § 750 (2016) |
§750. Distribution of securities |
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 NOTES
SENATE REPORT NO. 95–989
Section 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. |
United States Code, 2012 Edition, Supplement 4, Title 11 - BANKRUPTCY |
Bills and Statutes |
United States Code |
Y 1.2/5: |
Title 11 - BANKRUPTCY CHAPTER 7 - LIQUIDATION SUBCHAPTER III - STOCKBROKER LIQUIDATION Sec. 750 - Distribution of securities |
section 750 |
2016 |
January 6, 2017 |
Yes |
standard |
92 Stat. 2614 |
Public Law 95-598 |
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