11-U.S.C.-1142
§1142 – Implementation of Plan
Pathway
Title 11 > Chapter 11 > Subchapter III > Section 1142
Details
- Reference: Section 1142
- Legend: §1142 – Implementation of Plan
- USCode Year: 2013
Provision Content
(a) Notwithstanding any otherwise applicable nonbankruptcy law, rule, or regulation relating to financial condition, the debtor and any entity organized or to be organized for the purpose of carrying out the plan shall carry out the plan and shall comply with any orders of the court.
(b) The court may direct the debtor and any other necessary party to execute or deliver or to join in the execution or delivery of any instrument required to effect a transfer of property dealt with by a confirmed plan, and to perform any other act, including the satisfaction of any lien, that is necessary for the consummation of the plan.
(Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2639; Pub. L. 98–353, title III, §514(a), (c), (d), July 10, 1984, 98 Stat. 387.)
Amendments
1984—Pub. L. 98–353, §514(a), substituted Implementation for Execution in section catchline.
Subsec. (a). Pub. L. 98–353, §514(c), struck out the comma after shall carry out the plan.
Subsec. (b). Pub. L. 98–353, §514(d), inserted a after by.
Effective Date of 1984 Amendment
Amendment by Pub. L. 98–353 effective with respect to cases filed 90 days after July 10, 1984, see section 552(a) of Pub. L. 98–353, set out as a note under section 101 of this title.
U.S. Encyclopedia of Law Coverage
11-U.S.C.-1108 in the Legal Encyclopedia: Bankruptcy
In this entry about 11-U.S.C.-1108, 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.-1124 in the Legal Encyclopedia: Bankruptcy Reorganization
In this entry about 11-U.S.C.-1124, find legal reference material, bibliographies and premiere content related to bankruptcy reorganization in the American Encyclopedia of Law, presenting a comprehensive view of the United States bankruptcy reorganization-specific issues, written by authorities in the field.
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