§ 154. Adverse interest and conduct of officers

601 words·~3 min read·/usc/title-18/section-154

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A person who, being a custodian, trustee, marshal, or other officer of the court—

(1)knowingly purchases, directly or indirectly, any property of the estate of which the person is such an officer in a case under title 11;

(2)knowingly refuses to permit a reasonable opportunity for the inspection by parties in interest of the documents and accounts relating to the affairs of estates in the person’s charge by parties when directed by the court to do so; or

(3)knowingly refuses to permit a reasonable opportunity for the inspection by the United States Trustee of the documents and accounts relating to the affairs of an estate in the person’s charge,

shall be fined under this title and shall forfeit the person’s office, which shall thereupon become vacant.

(June 25, 1948, ch. 645, 62 Stat. 690; Pub. L. 95–598, title III, § 314(a)(2), (e)(1), (2), Nov. 6, 1978, 92 Stat. 2676, 2677; Pub. L. 103–322, title XXXIII, § 330016(1)(G), Sept. 13, 1994, 108 Stat. 2147; Pub. L. 103–394, title III, § 312(a)(1)(A), Oct. 22, 1994, 108 Stat. 4139; Pub. L. 104–294, title VI, § 601(a)(1), Oct. 11, 1996, 110 Stat. 3497.)

Historical and Revision Notes

Based on section 52(c) of title 11, U.S.C., 1940 ed., Bankruptcy (July 1, 1898, ch. 541, § 29c, 30 Stat. 554; June 22, 1938, ch. 575, § 1 (part), 52 Stat. 856).

Minor changes were made in phraseology.

Connectionstraces to 1

Traces to 1 document

U.S. Code

Definitions
§ 101

23 references not yet in our index

June 25, 1948, ch. 645
62 Stat. 690
Pub. L. 95–598, title III, § 314(a)(2)
92 Stat. 2676
Pub. L. 103–322, title XXXIII, § 330016(1)(G)
108 Stat. 2147
Pub. L. 103–394, title III, § 312(a)(1)(A)
108 Stat. 4139
Pub. L. 104–294, title VI, § 601(a)(1)
110 Stat. 3497
section 52(c) of title 11
July 1, 1898, ch. 541, § 29c
30 Stat. 554
June 22, 1938, ch. 575, § 1
52 Stat. 856
Pub. L. 104–294
Pub. L. 103–394
Pub. L. 103–322
Pub. L. 95–598
section 702 of Pub. L. 103–394
section 402(a) of Pub. L. 95–598
section 314 of Pub. L. 95–598
section 403(d) of Pub. L. 95–598

Citation graph

cites case law

§ 154

Adverse interest and conduct of officers

U.S.C.§ 101

ActJune 25, 1948, ch. 645

Stat.62 Stat. 690

Pub. L.Pub. L. 95–598, title III, § 314(a)(2)

Stat.92 Stat. 2676

Pub. L.Pub. L. 103–322, title XXXIII, § 330016(1)(G)

Cites 24 · showing 6Cited by 0 across 0 sources