(1) Appointment.— Notwithstanding any other provision of this title, the conservator or receiver who files the petition shall be the trustee under this chapter, unless the Board designates an alternative trustee.
(2) Successor.— The Board may designate a successor trustee if required.
(b) Authority of Trustee.— Whenever the Board appoints or designates a trustee, chapter 3 and sections
705 of this title shall apply to the Board in the same way and to the same extent that they apply to a United States trustee.
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
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