§ 928. Post petition effect of security interest

145 words·~1 min read·/usc/title-11/section-928

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(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.

(Added Pub. L. 100–597, § 8, Nov. 3, 1988, 102 Stat. 3029.)

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Pub. L. 100–597, § 8
102 Stat. 3029
section 12 of Pub. L. 100–597

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§ 928

Post petition effect of security interest

U.S.C.§ 552

U.S.C.§ 101

Pub. L.Pub. L. 100–597, § 8

Stat.102 Stat. 3029

Pub. L.section 12 of Pub. L. 100–597

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