11 USC § 1227 - Effect of confirmation | Title 11 - Bankruptcy | U.S. Code

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Current through Pub. L. 112-131. (See Public Laws for the current Congress.)

(a) Except as provided in section 1228 (a) of this title, the provisions of a confirmed plan bind the debtor, each creditor, each equity security holder, and each general partner in the debtor, whether or not the claim of such creditor, such equity security holder, or such general partner in the debtor is provided for by the plan, and whether or not such creditor, such equity security holder, or such general partner in the debtor has objected to, has accepted, or has rejected the plan.

(b) Except as otherwise provided in the plan or the order confirming the plan, the confirmation of a plan vests all of the property of the estate in the debtor.

(c) Except as provided in section 1228 (a) of this title and except as otherwise provided in the plan or in the order confirming the plan, the property vesting in the debtor under subsection (b) of this section is free and clear of any claim or interest of any creditor provided for by the plan.

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(a) Except as provided in section 1228 (a) of this title, the provisions of a confirmed plan bind the debtor, each creditor, each equity security holder, and each general partner in the debtor, whether or not the claim of such creditor, such equity security holder, or such general partner in the debtor is provided for by the plan, and whether or not such creditor, such equity security holder, or such general partner in the debtor has objected to, has accepted, or has rejected the plan.

(b) Except as otherwise provided in the plan or the order confirming the plan, the confirmation of a plan vests all of the property of the estate in the debtor.

(c) Except as provided in section 1228 (a) of this title and except as otherwise provided in the plan or in the order confirming the plan, the property vesting in the debtor under subsection (b) of this section is free and clear of any claim or interest of any creditor provided for by the plan.

Source

(Added and amended Pub. L. 99–554, title II, § 255, title III, § 302(f),Oct. 27, 1986, 100 Stat. 3112, 3124; Pub. L. 103–65, § 1,Aug. 6, 1993, 107 Stat. 311; Pub. L. 105–277, div. C, title I, § 149(a),Oct. 21, 1998, 112 Stat. 2681–610; Pub. L. 106–5, § 1(1), (2),Mar. 30, 1999, 113 Stat. 9; Pub. L. 106–70, § 1,Oct. 9, 1999, 113 Stat. 1031; Pub. L. 107–8, § 1,May 11, 2001, 115 Stat. 10; Pub. L. 107–17, § 1,June 26, 2001, 115 Stat. 151; Pub. L. 107–170, § 1,May 7, 2002, 116 Stat. 133; Pub. L. 107–171, title X, § 10814(a),May 13, 2002, 116 Stat. 532; Pub. L. 107–377, § 2(a),Dec. 19, 2002, 116 Stat. 3115; Pub. L. 108–73, § 2(a),Aug. 15, 2003, 117 Stat. 891; Pub. L. 108–369, § 2(a),Oct. 25, 2004, 118 Stat. 1749; Pub. L. 109–8, title X, § 1001(a)(1), (c),Apr. 20, 2005, 119 Stat. 185, 186.)

Codification

For repeal of section effective Oct. 1, 1998, and subsequent reenactment of section, see note set out preceding section 1201 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, March 12, 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.

How To Use

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The Session Year indicates which session of Congress was responsible for the changes classified. The Congress number forms the first part of the Public Law number; each Congress has two sessions.

Abbreviations used in the Description of Change column:

An empty field implies a standard amendment.
"new" means a new section or new note, or all new text of an existing section or note.
"nt" means note.
"nt [tbl]" means note [table].
"prec" means preceding.
"fr" means a transfer from another section.
"to" means a transfer to another section.
"omitted" means the section is omitted.
"repealed" means the section is repealed.
"nt ed change" and "ed change" - See the Editorial Classification Change Table [pdf].

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General Reference

Refer to the LRC (Law Revision Council) for explanations about the US Code from the folks who put it all together.

You can look for information about what it is and is not, which titles are positive law, the schedule of Supplements, etc. Under download you can find the source data we use here (GPO locator files), as well as, PDF files that look just like the paper books (these may be rather large).

Refer to the Thomas site for changes that have not yet made it into the classification tables.

11 USC	Description of Change	Session Year	Public Law	Statutes at Large

11 USC § 1227 - Effect of confirmation

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