11 U.S.C. § 750

Current through P.L. 117-174 (published on www.congress.gov on 08/26/2022)
Section 750 - Distribution of securities

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

11 U.S.C. § 750

Pub. L. 95-598, Nov. 6, 1978, 92 Stat. 2614.

HISTORICAL AND REVISION NOTES

SENATE REPORT NO. 95-989Section 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.