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.
For repeal of section effective Oct. 1, 1998, and subsequent reenactment of section, see note set out preceding section
1201 of this title.
2005—Pub. L. 109–8, § 1007(c)(2), inserted “or commercial fishing operation” after “farm”.
Effective Date of 2005 Amendment
Amendment by section 1007(c)(2) ofPub. L. 109–8effective 180 days after Apr. 20, 2005, and not applicable with respect to cases commenced under this title before such effective date, except as otherwise provided, see section 1501 ofPub. L. 109–8, set out as a note under section
101 of this title.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.
Description of Change
Statutes at Large
LII has no control over and does not endorse any external Internet site that contains links to or references LII.