2016 US Code
Title 11 - Bankruptcy
Chapter 7 - Liquidation
Subchapter V - Clearing Bank Liquidation
Sec. 782 - Selection of trustee

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Citation 11 U.S.C. § 782 (2016)
Section Name §782. Selection of trustee
Section Text

(a) In General.—

(1) Appointment.—Notwithstanding any other provision of this title, the conservator or receiver who files the petition shall be the trustee under this chapter, unless the Board designates an alternative trustee.

(2) Successor.—The Board may designate a successor trustee if required.


(b) Authority of Trustee.—Whenever the Board appoints or designates a trustee, chapter 3 and sections 704 and 705 of this title shall apply to the Board in the same way and to the same extent that they apply to a United States trustee.

Source Credit

(Added Pub. L. 106–554, §1(a)(5) [title I, §112(c)(5)(B)], Dec. 21, 2000, 114 Stat. 2763, 2763A–394.)

Publication Title United States Code, 2012 Edition, Supplement 4, 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 V - CLEARING BANK LIQUIDATION
Sec. 782 - Selection of trustee
Contains section 782
Date 2016
Laws In Effect As Of Date January 6, 2017
Positive Law Yes
Disposition standard
Statutes at Large Reference 114 Stat. 2763
Public Law References Public Law 106-554
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