Us Code § 750 - Distribution of securities
Full text of Us Code United States Code § 750 — Distribution of securities, with citation guidance and answers to common questions.
§ 750. Distribution of securities
The trustee may not distribute a security except under section 751 of this title.
(Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2614.)
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.
About This Section
11 U.S.C. § 750 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.
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