FEDERAL · 11 U.S.C. · Chapter 9
Limitation on recourse
Current through Pub. L. 119-102
The holder of a claim payable solely from special revenues of the debtor under applicable nonbankruptcy law shall not be treated as having recourse against the debtor on account of such claim pursuant to section 1111(b) of this title.
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11 U.S.C. § 927 (Limitation on recourse) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Matter of Velis
123 B.R. 497 (D. New Jersey, 1991)
Bank of New York Mellon v. Jefferson County (In re Jefferson County)
482 B.R. 404 (N.D. Alabama, 2012)
Source Credit
History
(Added Pub. L. 100–597, §7(2), Nov. 3, 1988, 102 Stat. 3029.)
Editorial Notes
Editorial Notes
Prior Provisions
A prior section 927 was renumbered section 930 of this title.
Statutory Notes and Related Subsidiaries
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.
Prior Provisions
A prior section 927 was renumbered section 930 of this title.
Statutory Notes and Related Subsidiaries
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.