11 U.S.C. § 750
Section 750 · Distribution of securities
Amended 1 time on record
Applied in 1 court decisions — leading case First Federal Savings & Loan Ass'n of Lincoln v. Bevill, Bresler & Schulman, Inc. (In Re Bevill, Bresler & Schulman, Inc.) (1986)
Most recently applied in First Federal Savings & Loan Ass'n of Lincoln v. Bevill, Bresler & Schulman, Inc. (In Re Bevill, Bresler & Schulman, Inc.) (March 1986)
The trustee may not distribute a security except under section 751 of this title.
Editorial notes U.S. Code · Office of the Law Revision Counsel
Historical and Revision Notes
Section 750 forbids the trustee from distributing a security other than a customer name security. The term “distribution” refers to a distribution to customers in satisfaction of net equity claims and is not intended to preclude the trustee from liquidating securities under proposed 11 U.S.C. 748.