§ 765. Customer instructions
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/usc/title-11/section-765A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)The notice required by section 342 of this title to customers shall instruct each customer—
(1)to file a proof of such customer’s claim promptly, and to specify in such claim any specifically identifiable security, property, or commodity contract; and
(2)to instruct the trustee of such customer’s desired disposition, including transfer under section 766 of this title or liquidation, of any commodity contract specifically identified to such customer.
(b)The trustee shall comply, to the extent practicable, with any instruction received from a customer regarding such customer’s desired disposition of any commodity contract specifically identified to such customer. If the trustee has transferred, under section 766 of this title, such a commodity contract, the trustee shall transmit any such instruction to the commodity broker to whom such commodity contract was so transferred.
(Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2619; Pub. L. 97–222, § 18, July 27, 1982, 96 Stat. 240; Pub. L. 98–353, title III, § 488, July 10, 1984, 98 Stat. 383.)
Historical and Revision Notes
For Historical and Revision Notes for this section, see Historical and Revision Notes set out under section 766 of this title.
Connections1 cite this · traces to 3
Cited by 1 section
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9 references not yet in our index
- Pub. L. 95–598
- 92 Stat. 2619
- Pub. L. 97–222, § 18
- 96 Stat. 240
- Pub. L. 98–353, title III, § 488
- 98 Stat. 383
- Pub. L. 98–353
- Pub. L. 97–222
- section 552(a) of Pub. L. 98–353
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§ 765
Customer instructions
Stat.×1
Pub. L.Pub. L. 95–598
Stat.92 Stat. 2619
Pub. L.Pub. L. 97–222, § 18
Stat.96 Stat. 240
Pub. L.Pub. L. 98–353, title III, § 488
Cites 12 · showing 8Cited by 1 across 1 source