[USC02] 11 USC 782: Selection of trustee
Result 1 of 1
   
 

*Public Laws 116-284 through 117-1 have been enacted but classifications have not yet been finalized. The currency ("laws in effect") date does not reflect acts for which classification has not been finalized.

11 USC 782: Selection of trustee Text contains those laws in effect on March 4, 2021
From Title 11-BANKRUPTCYCHAPTER 7-LIQUIDATIONSUBCHAPTER V-CLEARING BANK LIQUIDATION
Jump To: Source Credit

§782. Selection of trustee

(a) In General.-

(1) Appointment.-Notwithstanding any other provision of this title, the conservator or receiver who files the petition shall be the trustee under this chapter, unless the Board designates an alternative trustee.

(2) Successor.-The Board may designate a successor trustee if required.


(b) Authority of Trustee.-Whenever the Board appoints or designates a trustee, chapter 3 and sections 704 and 705 of this title shall apply to the Board in the same way and to the same extent that they apply to a United States trustee.

(Added Pub. L. 106–554, §1(a)(5) [title I, §112(c)(5)(B)], Dec. 21, 2000, 114 Stat. 2763 , 2763A-394.)