FEDERAL · 11 U.S.C. · Chapter 9
Post petition effect of security interest
Current through Pub. L. 119-102
(a)Notwithstanding section 552(a) of this title and subject to subsection (b) of this section, special revenues acquired by the debtor after the commencement of the case shall remain subject to any lien resulting from any security agreement entered into by the debtor before the commencement of the case.
(b)Any such lien on special revenues, other than municipal betterment assessments, derived from a project or system shall be subject to the necessary operating expenses of such project or system, as the case may be.
Free access — add to your briefcase to read the full text and ask questions with AI
11 U.S.C. § 928 (Post petition effect of security interest) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Bennett v. Jefferson County
518 B.R. 613 (N.D. Alabama, 2014)
Ambac Assurance Corp. v. Commonwealth (In Re Fin. Oversight & Mgmt. Bd. for Puerto Rico)
927 F.3d 597 (First Circuit, 2019)
FOMB v. U.S. Bank Nat'l Ass'n
(First Circuit, 2024)
Bank of New York Mellon v. Jefferson County (In re Jefferson County)
503 B.R. 849 (N.D. Alabama, 2013)
Source Credit
History
(Added Pub. L. 100–597, §8, Nov. 3, 1988, 102 Stat. 3029.)
Editorial Notes
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.
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.