Us Code § 1195 - Transactions with professionals

Full text of Us Code United States Code § 1195 — Transactions with professionals, with citation guidance and answers to common questions.

§ 1195. Transactions with professionals

Notwithstanding section 327(a) of this title, a person is not disqualified for employment under section 327 of this title, by a debtor solely because that person holds a claim of less than $10,000 that arose prior to commencement of the case.

(Added Pub. L. 116–54, §2(a), Aug. 23, 2019, 133 Stat. 1084.)


Statutory Notes and Related Subsidiaries

Effective Date

Section effective 180 days after Aug. 23, 2019, see section 5 of Pub. L. 116–54, set out as an Effective Date of 2019 Amendment note under section 101 of this title.

CHAPTER 12—ADJUSTMENT OF DEBTS OF A FAMILY FARMER OR FISHERMAN WITH REGULAR ANNUAL INCOME

SUBCHAPTER I—OFFICERS, ADMINISTRATION, AND THE ESTATE

Sec.
1201.
Stay of action against codebtor.
1202.
Trustee.
1203.
Rights and powers of debtor.
1204.
Removal of debtor as debtor in possession.
1205.
Adequate protection.
1206.
Sales free of interests.
1207.
Property of the estate.
1208.
Conversion or dismissal.

        

SUBCHAPTER II—THE PLAN

1221.
Filing of plan.
1222.
Contents of plan.
1223.
Modification of plan before confirmation.
1224.
Confirmation hearing.
1225.
Confirmation of plan.
1226.
Payments.
1227.
Effect of confirmation.
1228.
Discharge.
1229.
Modification of plan after confirmation.
1230.
Revocation of an order of confirmation.
1231.
Special tax provisions.
1232.
Claim by a governmental unit based on the disposition of property used in a farming operation.

        

Editorial Notes

Codification

Chapter repealed effective Oct. 1, 1998, by Pub. L. 99–554, title III, §302(f), Oct. 27, 1986, 100 Stat. 3124, as amended by Pub. L. 103–65, §1, Aug. 6, 1993, 107 Stat. 311. Chapter, as in effect on Sept. 30, 1998, reenacted for the period beginning on Oct. 1, 1998, and ending on Apr. 1, 1999, by Pub. L. 105–277, div. C, title I, §149(a), Oct. 21, 1998, 112 Stat. 2681–610. Chapter reenacted for successive periods running from Mar. 31, 1999, to July 1, 2005, by Pub. L. 105–277, div. C, title I, §149(a), Oct. 21, 1998, 112 Stat. 2681–610, as successively amended by Pub. L. 106–5, Mar. 30, 1999, 113 Stat. 9; Pub. L. 106–70, Oct. 9, 1999, 113 Stat. 1031; Pub. L. 107–8, May 11, 2001, 115 Stat. 10; Pub. L. 107–17, June 26, 2001, 115 Stat. 151; Pub. L. 107–170, May 7, 2002, 116 Stat. 133; Pub. L. 107–171, title X, §10814, May 13, 2002, 116 Stat. 532; Pub. L. 107–377, §2, Dec. 19, 2002, 116 Stat. 3115; Pub. L. 108–73, §2, Aug. 15, 2003, 117 Stat. 891; Pub. L. 108–369, §2, Oct. 25, 2004, 118 Stat. 1749. Chapter, as in effect on June 30, 2005, permanently reenacted effective July 1, 2005, by Pub. L. 109–8, title X, §1001(a), Apr. 20, 2005, 119 Stat. 185. See Repeal, Reenactment, and Termination of Chapter and Effective Date notes set out under section 1201 of this title.

Amendments

2017—Pub. L. 115–72, div. B, §1005(b)(2), Oct. 26, 2017, 131 Stat. 1234, added item 1232. Item was added to analysis for this chapter to reflect the probable intent of Congress, notwithstanding directory language adding item to analysis for subchapter II of this chapter.

2005—Pub. L. 109–8, title X, §1007(c)(1), Apr. 20, 2005, 119 Stat. 188, inserted "OR FISHERMAN" after "FAMILY FARMER" in chapter heading.

SUBCHAPTER I—OFFICERS, ADMINISTRATION, AND THE ESTATE

About This Section

11 U.S.C. § 1195 is part of Title 11 of the United States Code. The United States Code is the official codification of federal statutes maintained by the Office of the Law Revision Counsel of the U.S. House of Representatives. Congress amends the Code through new public laws, which are eventually incorporated into the relevant title.

This section may be cited in legal writing as 11 U.S.C. § 1195. For the most current official text, including any recent amendments, use the official source links below. Do not rely on this page as the sole authority for legal citation or litigation.

How to Read This Statute

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Sources

Frequently Asked Questions About Us Code § 1195

What does United States Code § 1195 cover?

Section 1195 ("Transactions with professionals") is part of the United States Code, the codified statutory law of Us Code. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Us Code § 1195?

A common citation format is "United States Code § 1195" (Us Code). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Us Code law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Us Code official source linked on this page or consult a licensed Us Code attorney.

How does Us Code § 1195 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Us Code can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Us Code.