In this chapter—
(1) "debtor in possession" means debtor except when a person that has qualified under section 322 of this title is serving as trustee in the case;
(2) "substantial consummation" means—
(A) transfer of all or substantially all of the property proposed by the plan to be transferred;
(B) assumption by the debtor or by the successor to the debtor under the plan of the business or of the management of all or substantially all of the property dealt with by the plan; and
(C) commencement of distribution under the plan.
(Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2626.)
Sections: Previous 930 941 942 943 944 945 946 1101 1102 1103 1104 1105 1106 1107 1108 Next
Last modified: October 26, 2015