United States Code (Last Updated: May 24, 2014) |
Title 11. BANKRUPTCY |
Chapter 12. ADJUSTMENT OF DEBTS OF A FAMILY FARMER OR FISHERMAN WITH REGULAR ANNUAL INCOME |
SubChapter I. OFFICERS, ADMINISTRATION, AND THE ESTATE |
§ 1203. Rights and powers of debtor
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Subject to such limitations as the court may prescribe, a debtor in possession shall have all the rights, other than the right to compensation under section 330, and powers, and shall perform all the functions and duties, except the duties specified in paragraphs (3) and (4) of section 1106(a), of a trustee serving in a case under chapter 11, including operating the debtor’s farm or commercial fishing operation.
Codification
For repeal of section effective
Amendments
2005—Pub. L. 109–8, § 1007(c)(2), inserted “or commercial fishing operation” after “farm”.
Effective Date Of Amendment
Amendment by section 1007(c)(2) of Pub. L. 109–8 effective 180 days after