11 U.S. Code § 767 - Commodity broker liquidation and forward contract merchants, commodity brokers, stockbrokers, financial institutions, financial...swap participants, repo participants, and master netting agreement participants
prev | next
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.
Source(Added Pub. L. 109–8, title IX, § 907(l),Apr. 20, 2005, 119 Stat. 181.)
LII has no control over and does not endorse any external Internet site that contains links to or references LII.