11 U.S.C. § 927
Section 927 · Limitation on recourse
Amended 1 time on record
Applied in 3 court decisions — leading case Matter of Velis (1991)
Most recently applied in Bank of New York Mellon v. Jefferson County (In re Jefferson County) (October 2012)
The holder of a claim payable solely from special revenues of the debtor under applicable nonbankruptcy law shall not be treated as having recourse against the debtor on account of such claim pursuant to section 1111(b) of this title.
Editorial notes U.S. Code · Office of the Law Revision Counsel
Prior Provisions
A prior section 927 was renumbered section 930 of this title.
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.