FEDERAL · 11 U.S.C. · Chapter SUBCHAPTER III—POSTCONFIRMATION MATTERS
Distribution
11 U.S.C. § 1143
Title11 — Bankruptcy
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.
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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.
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.
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Bluebook (online)
11 U.S.C. § 1143, Counsel Stack Legal Research, https://law.counselstack.com/usc/11/1143.