(a) Notwithstanding section 552(a) of this title and subject to subsection (b) of this section, special revenues acquired by the debtor after the commencement of the case shall remain subject to any lien resulting from any security agreement entered into by the debtor before the commencement of the case.
(b) Any such lien on special revenues, other than municipal betterment assessments, derived from a project or system shall be subject to the necessary operating expenses of such project or system, as the case may be.
(Added Pub. L. 100–597, §8, Nov. 3, 1988, 102 Stat. 3029.)
Sections: Previous 921 922 923 924 925 926 927 928 929 930 941 942 943 944 945 Next
Last modified: October 26, 2015