United States Code (Last Updated: May 24, 2014) |
Title 11. BANKRUPTCY |
Chapter 7. LIQUIDATION |
SubChapter III. STOCKBROKER LIQUIDATION |
§ 753. Stockbroker liquidation and forward contract merchants, commodity brokers, stockbrokers, financial institutions, financial participants, securities clearing agencies, swap participants, repo participants, and master netting agreement participants
Latest version.
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Notwithstanding any other provision of this title, the exercise of rights by a forward contract merchant, commodity broker, stockbroker, financial institution, financial participant, securities clearing agency, swap participant, repo participant, or master netting agreement participant under this title shall not affect the priority of any unsecured claim it may have after the exercise of such rights.
Effective Date
Section effective 180 days after