§ 750. Distribution of securities

77 words·~1 min read·/usc/title-11/section-750

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

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

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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Public Law 95–598
To establish a uniform Law on the Subject of Bankruptcies

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U.S. Code

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Pub. L. 95–598
92 Stat. 2614

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§ 750

Distribution of securities

Stat.×1

U.S.C.§ 751

U.S.C.§ 748

Pub. L.Pub. L. 95–598

Stat.92 Stat. 2614

Cites 4Cited by 1 across 1 source