11 USC 750 - Sec. 750. Distribution of securities

Text


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


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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