Page:United States Statutes at Large Volume 92 Part 2.djvu/1324

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PUBLIC LAW 95-000—MMMM. DD, 1978

92 STAT. 2604

PUBLIC LAW 95-598—NOV. 6, 1978 SUBCHAPTER II—COLLECTION, LIQUIDATION, AND DISTRIBUTION OF THE ESTATE

721. 722. 723. 724. 725. 726. 727. 728.

Authorization to operate business. Redemption. Rights of partnership trustee against general partners. Treatment of certain liens. Disposition of certain property. Distribution of property of the estate. Discharge. Special tax provisions. SUBCHAPTER III—STOCKBROKER LIQUIDATION

741. 742. 743. 744. 745. 746. 747. 748. 749. 750. 751. 752.

.:

Definitions for this subchapter. Effect of section 362 of this title in this subchapter. Notice. Executory contracts. Treatment of accounts. Extent of customer claims. Subordination of certain customer claims. Reduction of securities to money. Voidable transfers. Distribution of securities. Customer name securities. Customer property. SUBCHAPTER IV—COMMODITY BROKER LIQUIDATION

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761. 762. 763. 764. 765. 766.

Definitions for this subchapter. Notice to the Commission and right to be heard. Treatment of accounts. Voidable transfers. Customer instructions. Treatment of customer property.

SUBCHAPTER I—OFFICERS AND ADMINISTRATION 11 USC 701.

Ante, p. 2562. 11 USC 702.

Ante, p. 2564.

§ 701. Interim trustee (a) Promptly after the order for relief under this chapter, the court shall appoint one disinterested person that is a member of the panel of private trustees established under section 604(f) of title 28 or that was serving as trustee in the case immediately before the order for relief under this chapter to serve as interim trustee in the case. (b) The service of an interim trustee under this section terminates when a trustee elected or designated under section 702 of this title to serve as trustee in the case qualifies under section 322 of this title. (c) An interim trustee serving under this section is a trustee in a case under this title. §702. Election of trustee (a) A creditor may vote for a candidate for trustee only if such creditor— (1) holds an allowable, imdisputed, fixed, liquidated, unsecured claim of a kind entitled to distribution under section 726(a)(2), 726(a)(3), or 726 (a)(4) of this title; (2) does not have an interest materially adverse, other than an equity interest that is not substantial in relation to such creditor's interest as a creditor, to the interest of creditors entitled to such distribution; and (3) is not an insider. (b) At the meeting of creditors under section 341 of this title, creditors may elect one person to serve as trustee in the case if election