2019 US Code
Title 11 - Bankruptcy
Chapter 11 - Reorganization
Subchapter V - Small Business Debtor Reorganization
Sec. 1195 - Transactions with professionals

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Citation 11 U.S.C. § 1195 (2019)
Section Name §1195. Transactions with professionals
Section Text

Notwithstanding section 327(a) of this title, a person is not disqualified for employment under section 327 of this title, by a debtor solely because that person holds a claim of less than $10,000 that arose prior to commencement of the case.

Source Credit

(Added Pub. L. 116–54, §2(a), Aug. 23, 2019, 133 Stat. 1084.)

Editorial Notes EFFECTIVE DATE

Section effective 180 days after Aug. 23, 2019, see section 5 of Pub. L. 116–54, set out as an Effective Date of 2019 Amendment note under section 101 of this title.

Publication Title United States Code, 2018 Edition, Supplement 1, Title 11 - BANKRUPTCY
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 11 - BANKRUPTCY
CHAPTER 11 - REORGANIZATION
SUBCHAPTER V - SMALL BUSINESS DEBTOR REORGANIZATION
Sec. 1195 - Transactions with professionals
Contains section 1195
Date 2019
Laws In Effect As Of Date January 24, 2020
Positive Law Yes
Disposition standard
Statutes at Large References 133 Stat. 1084
Public Law References Public Law 116-54
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