11-U.S.C.-928

11-U.S.C.-928

§928 – Post Petition Effect of Security Interest

Pathway

Title 11 > Chapter 9 > Subchapter II > Section 928

Details

  • Reference: Section 928
  • Legend: §928 – Post Petition Effect of Security Interest
  • USCode Year: 2013

Provision Content

(a) Notwithstanding section 552(a) of this title and subject to subsection (b) of this section, special revenues acquired by the debtor after the commencement of the case shall remain subject to any lien resulting from any security agreement entered into by the debtor before the commencement of the case.

(b) Any such lien on special revenues, other than municipal betterment assessments, derived from a project or system shall be subject to the necessary operating expenses of such project or system, as the case may be.

(Added Pub. L. 100–597, §8, Nov. 3, 1988, 102 Stat. 3029.)

Effective Date

Section effective Nov. 3, 1988, but not applicable to any case commenced under this title before that date, see section 12 of Pub. L. 100–597, set out as an Effective Date of 1988 Amendment note under section 101 of this title.

U.S. Encyclopedia of Law Coverage

11-U.S.C.-783 in the Legal Encyclopedia: Bankruptcy

In this entry about 11-U.S.C.-783, find legal reference material, bibliographies and premiere content related to bankruptcy in the American Encyclopedia of Law, presenting a comprehensive view of the United States bankruptcy-specific issues, written by authorities in the field.

11-U.S.C.-901 in the Legal Encyclopedia: Adjustment of Debts

In this entry about 11-U.S.C.-901, find legal reference material, bibliographies and premiere content related to adjustment of debts in the American Encyclopedia of Law, presenting a comprehensive view of the United States adjustment of debts-specific issues, written by authorities in the field.

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