11 USC 946 - Effect of Exchange of Securities Before the Date of the Filing of the Petition

The exchange of a new security under the plan for a claim covered by the plan, whether such exchange occurred before or after the date of the filing of the petition, does not limit or impair the effectiveness of the plan or of any provision of this chapter. The amount and number specified in section 1126(c) of this title include the amount and number of claims formerly held by a creditor that has participated in any such exchange.

(Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2625.)

Sections:  Previous  929  930  941  942  943  944  945  946  1101  1102  1103  1104  1105  1106  1107  Next

Last modified: October 26, 2015