FEDERAL · 11 U.S.C. · Chapter SUBCHAPTER III—STOCKBROKER LIQUIDATION

Distribution of securities

11 U.S.C. § 750
Title11Bankruptcy
ChapterSUBCHAPTER III—STOCKBROKER LIQUIDATION

This text of 11 U.S.C. § 750 (Distribution of securities) 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. § 750.

Text

The trustee may not distribute a security except under section 751 of this title.

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Source Credit

History

(Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2614.)

Editorial Notes

Historical and Revision Notes

senate report no. 95–989
Section 750 forbids the trustee from distributing a security other than a customer name security. The term "distribution" refers to a distribution to customers in satisfaction of net equity claims and is not intended to preclude the trustee from liquidating securities under proposed 11 U.S.C. 748.

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Bluebook (online)
11 U.S.C. § 750, Counsel Stack Legal Research, https://law.counselstack.com/usc/11/750.