Page:United States Statutes at Large Volume 66.djvu/466

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PUBLIC LAW 456-JULY 7, 1952

Public Law 456 July 7, 1952 [S. 2234]

Bankruptcy Act, amendments. 30 Stat. 544.

11 USC 1. Definitions.

11 USC 11. B a n k r up t c y courts. Jurisdiction.

Estates.

[66

ST AT,

CHAPTER 579

AN ACT To amend the Bankruptcy Act, approved July 1, 1898, and Acts amendatory thereof and supplementary thereto; and to repeal subdivision b of section 64, subdivision h of section 70, and sections 118, 354, and 643 thereof and all Acts and parts of Acts inconsistent therewith.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That (a) paragraph (3) of section 1 of the Bankruptcy Act, approved July 1, 1898, as amended, is amended to read as follows: "(3) 'Appellate courts' shall include the United States courts of appeals and the Supreme Court of the United States;". (b) Paragraph (5a) of such section is amended to read as follows: "(5a) 'Circuit' shall mean judicial circuit;". (c) Paragraph (7a) of such section is amended to read as follows: "(7a) 'Conference' shall mean the Judicial Conference of the United States;". (d) Paragraph (8a) of such section is amended to read as follows: " (8a) 'Council' shall mean the Judicial Council of the circuit;". (e) Paragraph (10) of such section is amended to read as follows: "(10) 'Courts of bankruptcy' shall include the United States district courts and the district courts of the Territories and possessions to which this Act is or may hereafter be applicable;". (f) Paragraph (14a) of such section is amended to read as follows: "(14a) 'Director' shall mean the Director of the Administrative Office of the United States Courts;". (g) Paragraph (24) of such section is amended to read as follows: "(24) 'Petition' shall mean a document filed in a court of bankruptcy or with a clerk thereof initiating a proceeding under this Act;". (h) Paragraph (30) of such section is amended to read as follows: "(30) 'Transfer' shall include the sale and every other and different mode, direct or indirect, of disposing of or of parting with property or with an interest therein or with the possession thereof or of fixing a lien upon property or upon an interest therein, absolutely or conditionally, voluntarily or involuntarily, by or without judicial proceedings, as a conveyance, sale, assignment, payment, pledge, mortgage, lien, encumbrance, gift, security, or otherwise; the retention of a security title to property delivered to a debtor shall be deemed a transfer suffered by such debtor;". SEC. 2. (a) Paragraph (1) of subdivision a of section 2 of such Act, as amended, is amended to read as follows: "(1) Adjudge persons bankrupt who have had their principal place of business, resided or had their domicile within their respective territorial jurisdictions for the preceding six months, or for a longer portion of the preceding six months than in any other jurisdiction, or w4io do not have their principal place of business, reside, or have their domicile within the United States, but have property within their jurisdictions, or who have been adjudged bankrupts by courts of competent jurisdiction without the United States, and have property within their jurisdictions, or in any cases transferred to them pursuant to this Act;". (b) Paragraph (7) of subdivision a of such section is amended to read as follows: "(7) Cause the estates of bankrupts to be collected, reduced to money, and distributed, and determine controversies in relation thereto, except as herein otherwise provided, and determine and