11 U.S. Code §750. Distribution of securities

Section Text

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

Editorial Notes

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.


11 U.S.C. § 750 (2018)