FEDERAL · 11 U.S.C. · Chapter SUBCHAPTER III—POSTCONFIRMATION MATTERS

Distribution

11 U.S.C. § 1143
Title11Bankruptcy
ChapterSUBCHAPTER III—POSTCONFIRMATION MATTERS

This text of 11 U.S.C. § 1143 (Distribution) 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
11 U.S.C. § 1143.

Text

If a plan requires presentment or surrender of a security or the performance of any other act as a condition to participation in distribution under the plan, such action shall be taken not later than five years after the date of the entry of the order of confirmation. Any entity that has not within such time presented or surrendered such entity's security or taken any such other action that the plan requires may not participate in distribution under the plan.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

In Re Mahoney Hawkes, LLP
289 B.R. 285 (D. Massachusetts, 2002)
15 case citations
In re Old Carco LLC
500 B.R. 683 (S.D. New York, 2013)
12 case citations
In Re George Rodman, Inc.
50 B.R. 313 (W.D. Oklahoma, 1985)
8 case citations
In re Ware
533 B.R. 701 (N.D. Illinois, 2015)
4 case citations
In Re Signature Group
172 B.R. 501 (D. Rhode Island, 1994)
3 case citations
In Re A.G.A. Flowers, Inc.
457 B.R. 884 (S.D. Florida, 2011)
1 case citations
Omega Consulting v. Edwards (In Re Future Trust, Inc.)
387 B.R. 574 (Eighth Circuit, 2008)
1 case citations
Maxfield v. Jennings (In re Jennings)
332 B.R. 210 (M.D. Florida, 2005)

Source Credit

History

(Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2639.)

Editorial Notes

Historical and Revision Notes

senate report no. 95–989
Section 1143 fixes a 5-year limitation on presentment or surrender of securities or the performance of any other act that is a condition to participation in distribution under the plan. The 5 years runs from the date of the entry of the order of confirmation. Any entity that does not take the appropriate action with the 5-year period is barred from participation in the distribution under the plan.

Cite This Page — Counsel Stack

Bluebook (online)
11 U.S.C. § 1143, Counsel Stack Legal Research, https://law.counselstack.com/usc/11/1143.