11 U.S.C. § 946 Effect of Exchange of Securities Before the Date of the Filing of the Petition

• Library: United States Statutes
• Edition: 2023
• Currency: Current through P.L. 118-21 (published on www.congress.gov on 11/13/2023)

The exchange of a new security under the plan for a claim covered by the plan, whether such exchange occurred before or after the date of the filing of the petition, does not limit or impair the effectiveness of the plan or of any provision of this chapter. The amount and number specified in section 1126(c) of this title include the amount and number of claims formerly held by a creditor that has participated in any such exchange.

Cite as 11 U.S.C. § 946

Source: Pub. L. 95-598, Nov. 6, 1978, 92 Stat. 2625.

Notes from the Office of Law Revision Counsel