member property
Defined in 2 places across 2 titles of the United States Code.
As used in this section, the terms “commodity broker”, “commodity contract”, “customer”, “customer property”, “member property”, “net equity”, and “security” have the meanings assigned such terms for the purposes of subchapter IV of chapter 7 of title 11.
Source
- 1995–present7 U.S.C. § 24Agriculture · Regulations respecting commodity broker debtors; definitions · as used in this section
“member property” means customer property received, acquired, or held by or for the account of a debtor that is a clearing organization, from or for the proprietary account of a customer that is a clearing member of the debtor; and
Source
- 1994–present11 U.S.C. § 761Bankruptcy · Definitions for this subchapter · in this subchapter