Fed. R. Bankr. P. 3009 — Chapter 7—Paying Dividends

Federal Rules of Bankruptcy Procedure

Rule 3009 — Chapter 7—Paying Dividends

Fed. R. Bankr. P. 3009

SourceFederal Rules of Bankruptcy Procedure

Rule3009

PART X[ABROGATED]

CitationFed. R. Bankr. P. 3009

This text of Fed. R. Bankr. P. 3009 (Chapter 7—Paying Dividends) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Fed. R. Bankr. P. 3009.

Text

In a Chapter 7 case, dividends to creditors on claims that have been allowed must be paid as soon as practicable. A dividend check must be made payable to and mailed to the creditor. But if a power of attorney authorizing another entity to receive pay- ment has been filed under Rule 9010, the check must be:

(a)made payable to both the creditor and the other entity; and

(b)mailed to the other entity.

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Advisory Committee Notes

(As amended Mar. 30, 1987, eff. Aug. 1, 1987; Apr. 22, 1993, eff. Aug. 1, 1993; Apr. 2, 2024, eff. Dec. 1, 2024.)

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Bluebook (online)

Fed. R. Bankr. P. 3009, Counsel Stack Legal Research, https://law.counselstack.com/rule/frbp/3009.