2019 US Code
Title 11 - Bankruptcy
Chapter 9 - Adjustment of Debts of a Municipality
Subchapter II - Administration
Sec. 928 - Post petition effect of security interest
| 11 U.S.C. § 928 (2019) |
| §928. Post petition effect of security interest |
|
(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. |
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(Added Pub. L. 100–597, §8, Nov. 3, 1988, 102 Stat. 3029.) |
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EFFECTIVE DATE
Section 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. |
| United States Code, 2018 Edition, Supplement 1, Title 11 - BANKRUPTCY |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 11 - BANKRUPTCY CHAPTER 9 - ADJUSTMENT OF DEBTS OF A MUNICIPALITY SUBCHAPTER II - ADMINISTRATION Sec. 928 - Post petition effect of security interest |
| section 928 |
| 2019 |
| January 24, 2020 |
| Yes |
| standard |
| 102 Stat. 3029 |
| Public Law 100-597 |
