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(Pub. L. 95–598, Nov. 6, 1978, 92 Stat. 2549; Pub. L. 97–222, §1, July 27, 1982, 96 Stat. 235; Pub. L. 98–353, title III, §§391, 401, 421, July 10, 1984, 98 Stat. 364, 366, 367; Pub. L. 99–554, title II, §§201, 251, 283(a), Oct. 27, 1986, 100 Stat. 3097, 3104, 3116; Pub. L. 100–506, §1(a), Oct. 18, 1988, 102 Stat. 2538; Pub. L. 100–597, §1, Nov. 3, 1988, 102 Stat. 3028; Pub. L. 101–311, title I, §101, title II, §201, June 25, 1990, 104 Stat. 267, 268; Pub. L. 101–647, title XXV, §2522(e), Nov. 29, 1990, 104 Stat. 4867; Pub. L. 102–486, title XXX, §3017(a), Oct. 24, 1992, 106 Stat. 3130; Pub. L. 103–394, title I, §106, title II, §§208(a), 215, 217(a), 218(a), title III, §304(a), title V, §501(a), (b)(1), (d)(1), Oct. 22, 1994, 108 Stat. 4111, 4124, 4126–4128, 4132, 4141–4143; Pub. L. 106–554, §1(a)(5) [title I, §112(c)(3), (4)], Dec. 21, 2000, 114 Stat. 2763, 2763A–393, 2763A–394; Pub. L. 109–8, title I, §102(b), (k), title II, §§211, 226(a), 231(b), title III, §306(c), title IV, §§401(a), 414, 432(a), title VIII, §802(b), title IX, §907(a)(1), (b), (c), title X, §§1004, 1005, 1007(a), title XI, §1101(a), (b), title XII, §1201, Apr. 20, 2005, 119 Stat. 32, 35, 50, 66, 73, 80, 104, 107, 110, 145, 170, 175, 186, 187, 189, 192; Pub. L. 109–390, §5(a)(1), Dec. 12, 2006, 120 Stat. 2695; Pub. L. 111–327, §2(a)(1), Dec. 22, 2010, 124 Stat. 3557.)

Adjustment of Dollar Amounts

For adjustment of certain dollar amounts specified in this section, that is not reflected in text, see Adjustment of Dollar Amounts note below.

Historical and Revision Notes

Section 101(2) defines “affiliate.” The House amendment contains a provision that is a compromise between the definition in the House-passed version of H.R. 8200 and the Senate amendment in the nature of a substitute to H.R. 8200. Subparagraphs (A) and (B) are derived from the Senate amendment and subparagraph (D) is taken from the House bill, while subparagraph (C) represents a compromise, taking the House position with respect to a person whose business is operated under a lease or an operating agreement by the debtor and with respect to a person substantially all of whose property is operated under an operating agreement by the debtor and with respect to a person substantially all of whose property is operated under an operating agreement by the debtor and the Senate position on leased property. Thus, the definition of “affiliate” excludes persons substantially all of whose property is operated under a lease agreement by a debtor, such as a small company which owns equipment all of which is leased to a larger nonrelated company. Section 101(4)(B) represents a modification of the House-passed bill to include the definition of “claim” a right to an equitable remedy for breach of performance if such breach gives rise to a right to payment. This is intended to cause the liquidation or estimation of contingent rights of payment for which there may be an alternative equitable remedy with the result that the equitable remedy will be susceptible to being discharged in bankruptcy. For example, in some States, a judgment for specific performance may be satisfied by an alternative right to payment, in the event performance is refused; in that event, the creditor entitled to specific performance would have a “claim” for purposes of a proceeding under title 11. On the other hand, rights to an equitable remedy for a breach of performance with respect to which such breach does not give rise to a right to payment are not “claims” and would therefore not be susceptible to discharge in bankruptcy. In a case under chapter 9 to title 11, “claim” does not include a right to payment under an industrial development bond issued by a municipality as a matter of convenience for a third party. Municipalities are authorized, under section 103(c) of the Internal Revenue Code of 1954, as amended [title 26], to issue tax-exempt industrial development revenue bonds to provide for the financing of certain projects for privately owned companies. The bonds are sold on the basis of the credit of the company on whose behalf they are issued, and the principal, interest, and premium, if any, are payable solely from payments made by the company to the trustee under the bond indenture and do not constitute claims on the tax revenues or other funds of the issuing municipalities. The municipality merely acts as the vehicle to enable the bonds to be issued on a tax-exempt basis. Claims that arise by virtue of these bonds are not among the claims defined by this paragraph and amounts owed by private companies to the holders of industrial development revenue bonds are not to be included among the assets of the municipality that would be affected by the plan. Section 101(6) defines “community claim” as provided by the Senate amendment in order to indicate that a community claim exists whether or not there is community property in the estate as of the commencement of the case. Section 101(7) of the House amendment contains a definition of consumer debt identical to the definition in the House bill and Senate amendment. A consumer debt does not include a debt to any extent the debt is secured by real property. Section 101(9) of the Senate amendment contained a definition of “court.” The House amendment deletes the provision as unnecessary in light of the pervasive jurisdiction of a bankruptcy court under all chapters of title 11 as indicated in title II of the House amendment to H.R. 8200. Section 101(11) defines “debt” to mean liability on a claim, as was contained in the House-passed version of H.R. 8200. The Senate amendment contained language indicating that “debt” does not include a policy loan made by a life insurance company to the debtor. That language is deleted in the House amendment as unnecessary since a life insurance company clearly has no right to have a policy loan repaid by the debtor, although such company does have a right of offset with respect to such policy loan. Clearly, then, a “debt” does not include a policy loan made by a life insurance company. Inclusion of the language contained in the Senate amendment would have required elaboration of other legal relationships not arising by a liability on a claim. Further the language would have required clarification that interest on a policy loan made by a life insurance company is a debt, and that the insurance company does have right to payment to that interest. Section 101(14) adopts the definition of “entity” contained in the Senate-passed version of H.R. 8200. Since the Senate amendment to H.R. 8200 deleted the U.S. trustee, a corresponding definitional change is made in chapter 15 of the House amendment for U.S. trustees under the pilot program. Adoption by the House amendment of a pilot program for U.S. trustees under chapter 15 requires insertion of “United States trustee” in many sections. Several provisions in chapter 15 of the House amendment that relate to the U.S. trustee were not contained in the Senate amendment in the nature of a substitute. Section 101(17) defines “farmer,” as in the Senate amendment with an income limitation percentage of 80 percent instead of 75 percent. Section 101(18) contains a new definition of “farming operation” derived from present law and the definition of “farmer” in the Senate amendment. This definition gives a broad construction to the term “farming operation”. Section 101(20) contains a definition of “foreign representative”. It clarifies the House bill and Senate amendment by indicating that a foreign representative must be duly selected in a foreign proceeding. Section 101(35) defines “security” as contained in the Senate amendment. H.R. 8200 as adopted by the House excluded certain commercial notes from the definition of “security”, and that exclusion is deleted. Section 101(40) defines “transfer” as in the Senate amendment. The definition contained in H.R. 8200 as passed by the House included “setoff” in the definition of “transfer”. Inclusion of “setoff” is deleted. The effect is that a “setoff” is not subject to being set aside as a preferential “transfer” but will be subject to special rules.

senate report no. 95–989

Section 101 of title 11 contains 40 definitions: Paragraph (1) defines “accountant” as an accountant authorized under applicable law to practice accounting. The term includes a professional accounting association, corporation, or partnership if applicable law authorizes such a unit to practice accounting. Paragraph (2) defines “affiliate.” An affiliate is an entity with a close relationship to the debtor. It includes a 20 percent parent or subsidiary of the debtor, whether a corporate, partnership, individual, or estate parent. The use of “directly or indirectly” in subparagraphs (A) and (B) is intended to cover situations in which there is an opportunity to control, and where the existence of that opportunity operates as indirect control. “Affiliate” is defined primarily for use in the definition of insider, infra, and for use in the chapter 11 reorganization cases. The definition of “affiliate” does not include an entity acting in a fiduciary or agency capacity if the entity does not have the sole discretionary power to vote 20 percent of the voting securities but hold them solely as security and have not exercised the power to vote. This restriction applies to a corporate affiliate under subparagraph (B) of paragraph (2). Subsections (C) and (D) of paragraph (2) define affiliate also as those persons and entities whose business or substantially all of whose property is operated under a lease or operating agreement by a debtor and whose business or property is more than 50 percent under the control of the debtor. The definition of “attorney” in paragraph (3) is similar to the definition of accountant. Paragraph (4) defines “claim.” The effect of the definition is a significant departure from present law. Under present law, “claim” is not defined in straight bankruptcy. Instead it is simply used, along with the concept of provability in section 63 of the Bankruptcy Act [section 103 of former title 11], to limit the kinds of obligations that are payable in a bankruptcy case. The term is defined in the debtor rehabilitation chapters of present law far more broadly. The definition in paragraph (4) adopts an even broader definition of claim than is found in the present debtor rehabilitation chapters. The definition is any right to payment, whether or not reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured, or unsecured. The definition also includes as a claim an equitable right to performance that does not give rise to a right to payment. By this broadest possible definition and by the use of the term throughout the title 11, especially in subchapter I of chapter 5, the bill contemplates that all legal obligations of the debtor, no matter how remote or contingent, will be able to be dealt with in the bankruptcy case. It permits the broadest possible relief in the bankruptcy court. Paragraph (5) defines “commodity broker” by reference to various terms used and defined in subchapter IV of chapter 7, Commodity Broker Liquidation. The terms are described in connection with section 761, infra. Paragraph (6) defines “community claim” for those eight States that have community property laws. The definition is keyed to the liability of the debtor's property for a claim against either the debtor or the debtor's spouse. If the debtor's property is liable for a claim against either, that claim is a community claim. Paragraph (7) defines “consumer debt”. The definition is adapted from the definition used in various consumer protection laws. It encompasses only a debt incurred by an individual primarily for a personal, family, or household purpose. The definition of “corporation” in paragraph (8) is similar to the definition in current law, section 1(8) [section 1(8) of former title 11]. The term encompasses any association having the power or privilege that a private corporation, but not an individual or partnership, has; partnership associations organized under a law that makes only the capital subscribed responsible for the debts of the partnership; joint-stock company; unincorporated company or association; and business trust. “Unincorporated association” is intended specifically to include a labor union, as well as other bodies that come under that phrase as used under current law. The exclusion of limited partnerships is explicit, and not left to the case law. Paragraph (9) defines “court” as the bankruptcy judge in the district in which the case is pending except in municipal adjustment and railroad reorganization cases, where “court” means the Federal district judge. Paragraph (10) [enacted as (9)] defines “creditor” to include holders of prepetition claims against the debtor. However, it also encompasses certain holders of claims that are deemed to arise before the date of the filing of the petition, such as those injured by the rejection of an executory contract or unexpired lease, certain investment tax credit recapture claim holders, “involuntary gap” creditors, and certain holders of the right of setoff. The term also includes the holder of a prepetition community claim. A guarantor of or surety for a claim against the debtor is also a creditor, because he holds a contingent claim against the debtor that becomes fixed when he pays the creditor whose claim he has guaranteed or insured. Paragraph (11) [enacted as (10)] defines “custodian.” There is no similar definition in current law. It is defined to facilitate drafting, and means a prepetition liquidator of the debtor's property, such as an assignee for the benefit of creditors, a receiver of the debtor's property, or administrator of the debtor's property. The definition of custodian to include a receiver or trustee is descriptive, and not meant to be limited to court officers with those titles. The definition is intended to include other officers of the court if their functions are substantially similar to those of a receiver or trustee. “Debt” is defined in paragraph (12) [enacted as (11)] as a liability on a claim. The terms “debt” and “claim” are coextensive: a creditor has a “claim” against the debtor; the debtor owes a “debt” to the creditor. This definition of “debt” and the definition of “claim” on which it is based, proposed 11 U.S.C. 101(4), does not include a transaction such as a policy loan on an insurance policy. Under that kind of transaction, the debtor is not liable to the insurance company for repayment; the amount owed is merely available to the company for setoff against any benefits that become payable under the policy. As such, the loan is not a claim (it is not a right to payment) that the company can assert against the estate; nor is the debtor's obligation a debt (a liability on a claim) that will be discharged under proposed 11 U.S.C. 523 or 524. Paragraph (13) [enacted as (12)] defines “debtor.” Debtor means person or municipality concerning which a case under title II has been commenced. This is a change in terminology from present law, which identifies the person by or against whom a petition is filed in a straight bankruptcy liquidation case as the “bankrupt”, and a person or municipality that is proceeding under a debtor rehabilitation chapter (chapters VIII through XIII of the Bankruptcy Act) [chapters 8 through 13 of former title 11] as a “debtor.” The term “debtor” is used for both kinds of cases in this bill, for ease of reference in chapters 1, 3, and 5 (which apply to straight bankruptcy and reorganization cases). Paragraph (14) [enacted as (13)] defines “disinterested person.” The definition is adapted from section 158 of chapter X of current law [section 558 of former title 11], though it is expanded and modified in some respects. A person is a disinterested person if the person is not a creditor, equity security holder, or insider; is not and was not an investment banker of the debtor for any outstanding security of the debtor (the change from underwriter in current law to investment banker is to make the term more descriptive and to avoid conflict with the definition of underwriter in section 2(11) of the Securities Act of 1933 (15 U.S.C. 77b(11)); has not been an investment banker for a security of the debtor within 3 years before the date of the filing of the petition (the change from five years to three years here conforms the definition with the statute of limitations in the Securities Act of 1933) [15 U.S.C. 77m], or an attorney for such an investment banker; is not an insider of the debtor or of such an investment banker; and does not have an interest materially adverse to the estate. “Entity” is defined, for convenience, in paragraph (15) [enacted as (14)], to include person, estate, trust, and governmental unit. It is the most inclusive of the various defined terms relating to bodies or units. Paragraph (16) defines “equity security.” The term includes a share or stock in a corporation, a limited partner's interest in a limited partnership, and a warrant or right to subscribe to an equity security. The term does not include a security, such as a convertible debenture, that is convertible into equity security, but has not been converted. Paragraph (17) [enacted as (15)] defines “equity security holder” for convenience as the holder of an equity securing of the debtor. Paragraph (18) [enacted as (17)] defines “farmer”. It encompasses only those persons for whom farming operations contribute 75 percent or more of their total income. Paragraphs (19) and (20) define “foreign proceeding” and “foreign representative”. A foreign proceeding is a proceeding in another country in which the debtor has some substantial connection for the purpose of liquidating the estate of the debtor or the purpose of financial rehabilitation of the debtor. A foreign representative is the representative of the estate in a foreign proceeding, such as a trustee or administrator. Paragraph (21) defines “governmental unit” in the broadest sense. The definition encompasses the United States, a State, Commonwealth, District, Territory, municipality, or foreign state, and a department, agency, or instrumentality of any of those entities. “Department, agency, or instrumentality” does not include an entity that owes its existence to State action, such as the granting of a charter or a license but that has no other connection with a State or local government or the Federal Government. The relationship must be an active one in which the department, agency, or instrumentality is actually carrying out some governmental function. Paragraph (22) defines “indenture.” It is similar to the definition of indenture in the Trust Indenture Act of 1939 [15 U.S.C. 77ccc(7)]. An indenture is the instrument under which securities, either debt or equity, of the debtor are outstanding. Paragraph (23) defines “indenture trustee” as the trustee under an indenture. Paragraph (24) defines “individual with regular income.” The effect of this definition, and of its use in section 109(e), is to expand substantially the kinds of individuals that are eligible for relief under chapter 13, Adjustment of Debts of an Individual with Regular Income. Chapter XIII [chapter 13 of former title 11] is now available only for wage earners. The definition encompasses all individuals with incomes that are sufficiently stable and regular to enable them to make payments under a chapter 13 plan. Thus, individuals on welfare, social security, fixed pension incomes, or who live on investment incomes, will be able to work out repayment plans with their creditors rather than being forced into straight bankruptcy. Also, self-employed individuals will be eligible to use chapter 13 if they have regular incomes. However, the definition excludes certain stockbrokers and commodity brokers, in order to prohibit them from proceeding under chapter 13 and avoiding the customer protection provisions of chapter 7. “Insider”, defined in paragraph (25), is a new term. An insider is one who has a sufficiently close relationship with the debtor that his conduct is made subject to closer scrutiny than those dealing at arms length with the debtor. If the debtor is an individual, then a relative of the debtor, a partnership in which the debtor is a general partner, a general partner of the debtor, and a corporation controlled by the debtor are all insiders. If the debtor is a corporation, then a controlling person, a relative of a controlling person, a partnership in which the debtor is a general partner, and a general partner of the debtor are all insiders. If the debtor is a partnership, then a general partner of or in the debtor, a relative of a general partner in the debtor, and a person in control are all insiders. If the debtor is a municipality, then an elected official of the debtor is an insider. In addition, affiliates of the debtor and managing agents are insiders. The definition of “insolvent” in paragraph (26) is adopted from section 1(19) of current law [section 1(19) of former title 11]. An entity is insolvent if its debts are greater than its assets, at a fair valuation, exclusive of property exempted or fraudulently transferred. It is the traditional bankruptcy balance sheet test of insolvency. For a partnership, the definition is modified to account for the liability of a general partner for the partnership's debts. The difference in this definition from that in current law is in the exclusion of exempt property for all purposes in the definition of insolvent. Paragraph (27) defines “judicial lien.” It is one of three kinds of liens defined in this section. A judicial lien is a lien obtained by judgment, levy, sequestration, or other legal or equitable process or proceeding. Paragraph (28) defines “lien.” The definition is new and is very broad. A lien is defined as a charge against or interest in property to secure payment of a debt or performance of an obligation. It includes inchoate liens. In general, the concept of lien is divided into three kinds of liens: judicial liens, security interests, and statutory liens. Those three categories are mutually exclusive and are exhaustive except for certain common law liens. Paragraph (29) defines “municipality.” The definition is adapted from the terms used in the chapter IX (municipal bankruptcy) [chapter 9 of former title 11] amendment to the Bankruptcy Act enacted in 1976 (Pub. L. 94–260). That amendment spoke in terms of “political subdivision or public agency or instrumentality of a State”. Bankruptcy Act Sec. 84 [section 404 of former title 11]. The term municipality is defined by those three terms for convenience. It does not include the District of Columbia or any territories of the United States. “Person” is defined in paragraph (30). The definition is a change in wording, but not in substance, from the definition in section 1(23) of the Bankruptcy Act [section 1(23) of former title 11]. The definition is also similar to the one contained in 1 U.S.C. sec. 1, but is repeated here for convenience and ease of reference. Person includes individual partnership, and corporation. The exclusion of governmental units is made explicit in order to avoid any confusion that may arise if, for example, a municipality is incorporated and thus is legally a corporation as well as governmental unit. The definition does not include an estate or a trust, which are included only in the definition of “entity” in proposed 11 U.S.C. 101(14). “Petition” is defined for convenience in paragraph (31). Petition is a petition under section 301, 302, 303, or 304 of the bankruptcy code—that is, a petition that commences a case under title 11. Paragraph (32) defines purchaser as a transferee of a voluntary transfer, such as a sale or gift, and includes an immediate or mediate transferee of a purchaser. The definition of “railroad” in paragraph (33) is derived from section 77 of the Bankruptcy Act [section 205 of former title 11]. A railroad is a common carrier by railroad engaged in the transportation of individuals or property, or an owner of trackage facilities leased by such a common carrier. The effect of the definition and the use of the term in section 109(d) is to eliminate the limitation now found in section 77 of the Bankruptcy Act that only railroads engaged in interstate commerce may proceed under the railroad reorganization provisions. The limitation may have been inserted because of a doubt that the commerce power could not reach intrastate railroads. Be that as it may, this bill is enacted under the bankruptcy power. Paragraph (34) defines “relative” as an individual related by affinity or consanguinity within the third degree as determined by the common law, and includes individuals in a step or adoptive relationship. The definition is similar to current law, but adds the latter phrase. This definition should be applied as of the time when the transaction that it concerns took place. Thus, a former spouse is not a relative, but if, for example, for purposes of the preference section, proposed 11 U.S.C. 547(b)(4)(B), the transferee was a spouse of the debtor at the time of the transfer sought to be avoided, then the transferee would be relative and subject to the insider rules, even if the transferee was no longer married to the debtor at the time of the commencement of the case or at the time of the commencement of the preference recovery proceeding. Paragraph (35) defines “security.” The definition is new and is modeled on the most recent draft of the American Law Institute's proposed securities code, with some exceptions. The interest of a limited partner in a limited partnership is included in order to make sure that everything that is defined as an equity security is also a “security.” The definition, as with the definition of “entity”, “insider”, and “person”, is open-ended because the term is not susceptible of precise specification. Thus the courts will be able to use the characterization provided in this definition to treat with new kinds of documents on a flexible basis. Paragraphs (36) and (37) defined “security agreement” and “security interest.” A security interest is one of the kinds of liens. It is a lien created by an agreement. Security agreement is defined as the agreement creating the security interest. Though these terms are similar to the same terms in the Uniform Commercial Code, article IX, they are broader. For example, the U.C.C. does not cover real property mortgages. Under this definition, such a mortgage is included, as are all other liens created by agreement, even though not covered by the U.C.C. All U.C.C. security interests and security agreements are, however, security interests and security agreements under this definition. Whether a consignment or a lease constitutes a security interest under the bankruptcy code will depend on whether it constitutes a security interest under applicable State or local law. Paragraph (38) defines another kind of lien, “statutory lien.” The definition, derived from current law, states that a statutory lien is a lien arising solely by force of statute on specified circumstances or conditions and includes a lien of distress for rent (whether statutory, common law, or otherwise). The definition excludes judicial liens and security interests, whether or not they are provided for or are dependent on a statute, and whether or not they are made fully effective by statute. A statutory lien is only one that arises automatically, and is not based on an agreement to give a lien or on judicial action. Mechanics’, materialmen's, and warehousemen's liens are examples. Tax liens are also included in the definition of statutory lien. “Stockbroker” is defined in paragraph (39) as a person engaged in the business of effecting transactions in securities for the account of others or with members of the general public from or for such person's own account, if the person has a customer, as defined. Thus, the definition, derived from a combination of the definitions of “broker” and “dealer” in the Securities Exchange Act of 1934 [15 U.S.C. 78c], encompasses both brokers and dealers. The definition is used in section 109 and in subchapter III of chapter 7, Stockholder Liquidation. The term does not encompass an employee who acts for a principal that “effects” transaction or deals with the public, because such an employee will not have a “customer”. Paragraph (40) defines “transfer.” It is derived and adapted, with stylistic changes, from section 1(30) of the Bankruptcy Act [section 1(30) of former title 11]. A transfer is a disposition of an interest in property. The definition of transfer is as broad as possible. Many of the potentially limiting words in current law are deleted, and the language is simplified. Under this definition, any transfer of an interest in property is a transfer, including a transfer of possession, custody, or control even if there is no transfer of title, because possession, custody, and control are interests in property. A deposit in a bank account or similar account is a transfer.

References in Text

The Social Security Act, referred to in par. (10A)(B), is act Aug. 14, 1935, ch. 531, 49 Stat. 620, which is classified generally to chapter 7 (§301 et seq.) of Title 42, The Public Health and Welfare. For complete classification of this Act to the Code, see section 1305 of Title 42 and Tables. The Internal Revenue Code of 1986, referred to in pars. (12A)(B) and (41)(C), is classified generally to Title 26, Internal Revenue Code. Section 3 of the Federal Deposit Insurance Act, referred to in pars. (12A)(D), (21B)(A), (33)(A), (35)(A), and (54A), is classified to section 1813 of Title 12, Banks and Banking. Sections 101 and 206(r) of the Federal Credit Union Act, referred to in pars. (12A)(D), (33)(B), and (34), are classified to sections 1752 and 1786(r), respectively, of Title 12, Banks and Banking. The Investment Company Act of 1940, referred to in par. (22)(B), is title I of act Aug. 22, 1940, ch. 686, 54 Stat. 789, which is classified generally to subchapter I (§80a–1 et seq.) of chapter 2D of Title 15, Commerce and Trade. For complete classification of this Act to the Code, see section 80a–51 of Title 15 and Tables. Section 402 of the Federal Deposit Insurance Corporation Improvement Act of 1991, referred to in par. (22A)(B), is classified to section 4402 of Title 12, Banks and Banking. The Securities Exchange Act of 1934, referred to in pars. (47)(A)(i), (48), (48A), and (53B)(B), is act June 6, 1934, ch. 404, 48 Stat. 881, which is classified principally to chapter 2B (§78a et seq.) of Title 15, Commerce and Trade. Sections 3, 6, 15A, and 17A of the Act are classified to sections 78c, 78f, 78o–3 and 78q–1, respectively, of Title 15. For complete classification of this Act to the Code, see section 78a of Title 15 and Tables. The Securities Act of 1933, referred to in par. (49)(A)(xii), is act May 27, 1933, ch. 38, title I, 48 Stat. 74, which is classified generally to subchapter I (§77a et seq.) of chapter 2A of Title 15, Commerce and Trade. Section 3(b) of the Act is classified to section 77c(b) of Title 15. For complete classification of this Act to the Code, see section 77a of Title 15 and Tables. The Gramm-Leach-Bliley Act, referred to in par. (53B)(B), is Pub. L. 106–102, Nov. 12, 1999, 113 Stat. 1338. For complete classification of this Act to the Code, see Short Title of 1999 Amendment note set out under section 1811 of Title 12, Banks and Banking, and Tables. The Legal Certainty for Bank Products Act of 2000, referred to in par. (53B)(B), is title IV of H.R. 5660, as enacted by Pub. L. 106–554, §1(a)(5), Dec. 21, 2000, 114 Stat. 2763, 2763A–457, which is classified to sections 27 to 27f of Title 7, Agriculture. For complete classification of this Act to the Code, see Short Title of 2000 Amendment note set out under section 1 of Title 7 and Tables. The Commodity Exchange Act, referred to in par. (53B)(B), is act Sept. 21, 1922, ch. 369, 42 Stat. 998, which is classified generally to chapter 1 (§1 et seq.) of Title 7, Agriculture. For complete classification of this Act to the Code, see section 1 of Title 7 and Tables.

Amendments

2010—Par. (13A)(A). Pub. L. 111–327, §2(a)(1)(A)(i), inserted “if used as the principal residence by the debtor” after “a residential structure”. Par. (13A)(B). Pub. L. 111–327, §2(a)(1)(A)(ii), inserted “if used as the principal residence by the debtor” before period at end. Par. (35)(B). Pub. L. 111–327, §2(a)(1)(B), substituted “paragraphs (21B) and (33)(A)” for “paragraphs (23) and (35)”. Par. (40B). Pub. L. 111–327, §2(a)(1)(C), substituted “record relating to a patient, including a written document or a” for “written document relating to a patient or a”. Par. (42). Pub. L. 111–327, §2(a)(1)(D), which directed substitution of “303 and 1504” for “303, and 304”, was executed by making the substitution for “303, or 304” to reflect the probable intent of Congress. Par. (51B). Pub. L. 111–327, §2(a)(1)(E), inserted “thereto” before period at end. Par. (51D)(A). Pub. L. 111–327, §2(a)(1)(F), inserted “of the filing” after “as of the date”. 2006—Par. (22)(A). Pub. L. 109–390, §5(a)(1)(A), struck out “(domestic or foreign)” after “an entity” and inserted “(whether or not a ‘customer’, as defined in section 741)” after “custodian for a customer”. Par. (22A)(A). Pub. L. 109–390, §5(a)(1)(B), inserted “(aggregated across counterparties)” after “principal amount outstanding” and substituted “at such time or on any day during the 15-month period preceding the date of the filing of the petition” for “on any day during the previous 15-month period” in two places. Par. (25)(A). Pub. L. 109–390, §5(a)(1)(C), inserted “, as defined in section 761” after “commodity contract” and substituted “repurchase or reverse repurchase transaction (whether or not such repurchase or reverse repurchase transaction is a ‘repurchase agreement’, as defined in this section)” for “repurchase transaction, reverse repurchase transaction,”. Par. (53B)(A)(i)(II). Pub. L. 109–390, §5(a)(1)(D)(i)(I), substituted “, precious metals, or other commodity” for “or precious metals”. Par. (53B)(A)(i)(VIII). Pub. L. 109–390, §5(a)(1)(D)(i)(III), substituted “option, future, or forward agreement” for “weather derivative, or weather option”. Par. (53B)(A)(i)(IX), (X). Pub. L. 109–390, §5(a)(1)(D)(i)(II), (IV), added subcls. (IX) and (X). Par. (53B)(A)(ii). Pub. L. 109–390, §5(a)(1)(D)(ii), inserted “or other derivatives” after “dealings in the swap” in subcl. (I) and substituted “future, option, or spot transaction” for “future, or option” in subcl. (II). Par. (53B)(B). Pub. L. 109–390, §5(a)(1)(E), substituted “the Gramm-Leach-Bliley Act, the Legal Certainty for Bank Products Act of 2000, the securities laws (as such term is defined in section 3(a)(47) of the Securities Exchange Act of 1934) and the Commodity Exchange Act” for “the Securities Act of 1933, the Securities Exchange Act of 1934, the Public Utility Holding Company Act of 1935, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Securities Investor Protection Act of 1970, the Commodity Exchange Act, the Gramm-Leach-Bliley Act, and the Legal Certainty for Bank Products Act of 2000”. 2005—Pub. L. 109–8, §1201(1), substituted “In this title the following definitions shall apply:” for “In this title—” in introductory provisions. Pars. (1), (2). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (3). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §226(a)(1), added par. (3). Par. (4). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (4A). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §226(a)(2), added par. (4A). Pars. (5) to (7). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pars. (7A), (7B). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §1007(a)(1), added pars. (7A) and (7B). Pars. (8) to (10). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (10A). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §102(b), added par. (10A). Pars. (11), (12). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (12A). Pub. L. 109–8, §1201(8), which directed the substitution of a period for a semicolon at end, could not be executed because par. (12A) ended in a period after amendment by Pub. L. 109–8, §226(a)(3). See below. Pub. L. 109–8, §1201(2), inserted “The term” after par. designation. Pub. L. 109–8, §§211(1), 226(a)(3), added par. (12A) and struck out former par. (12A) which read as follows: “ ‘debt for child support’ means a debt of a kind specified in section 523(a)(5) of this title for maintenance or support of a child of the debtor;”. Par. (13). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (13A). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §306(c)(1), added par. (13A). Par. (14). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §414, amended par. (14) generally. Prior to amendment, par. (14) consisted of subpars. (A) to (E) defining “disinterested person”. Par. (14A). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §211(2), added par. (14A). Pars. (15) to (17). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (18). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (18)(A). Pub. L. 109–8, §1005, substituted “for— “(i) the taxable year preceding; or “(ii) each of the 2d and 3d taxable years preceding; the taxable year” for “for the taxable year preceding the taxable year”. Pub. L. 109–8, §1004(1), substituted “$3,237,000” for “$1,500,000” and “not less than 50 percent” for “not less than 80 percent”. Par. (18)(B)(ii). Pub. L. 109–8, §1004(2), substituted “$3,237,000” for “$1,500,000” and “50 percent” for “80 percent”. Par. (19). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pars. (19A), (19B). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §1007(a)(2), added pars. (19A) and (19B). Pars. (20) to (21B). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (22). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §907(b)(1), added par. (22) and struck out former par. (22) which consisted of introductory provisions and subpars. (A) and (B) defining “financial institution”. Par. (22A). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §907(b)(2), added par. (22A). Pars. (23), (24). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §802(b), added pars. (23) and (24) and struck out former pars. (23) and (24) which read as follows: “(23) ‘foreign proceeding’ means proceeding, whether judicial or administrative and whether or not under bankruptcy law, in a foreign country in which the debtor's domicile, residence, principal place of business, or principal assets were located at the commencement of such proceeding, for the purpose of liquidating an estate, adjusting debts by composition, extension, or discharge, or effecting a reorganization; “(24) ‘foreign representative’ means duly selected trustee, administrator, or other representative of an estate in a foreign proceeding;”. Par. (25). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §907(a)(1)(A), substituted “means—” for “means”, designated subsequent provisions as subpar. (A), substituted “, or any other similar agreement” for “, or any combination thereof or option thereon”, and added subpars. (B) to (E). Par. (26). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §907(b)(3), added par. (26) and struck out former par. (26) which read as follows: “ ‘forward contract merchant’ means a person whose business consists in whole or in part of entering into forward contracts as or with merchants in a commodity, as defined in section 761(8) of this title, or any similar good, article, service, right, or interest which is presently or in the future becomes the subject of dealing in the forward contract trade;”. Par. (27). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (27A). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §1101(a)(2), added par. (27A). Former par. (27A) redesignated (27B). Pub. L. 109–8, §306(c)(2), added par. (27A). Par. (27B). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §1101(a)(1), redesignated par. (27A) as (27B). Pars. (28) to (34). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (35). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (35)(B). Pub. L. 109–8, §1201(3), substituted “paragraphs (23) and (35)” for “paragraphs (21B) and (33)(A)”. Par. (35A). Pub. L. 109–8, §1201(2), (4), inserted “The term” after par. designation and substituted a period for “; and” at end. Pars. (36), (37). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (38). Pub. L. 109–8, §1201(2), (4), inserted “The term” after par. designation and substituted a period for “; and” at end. Pars. (38A), (38B). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §907(c), added pars. (38A) and (38B). Par. (39). Pub. L. 109–8, §1201(2), inserted “The term” after par. designation. Par. (39A). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §102(k), added par. (39A). Par. (40). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pars. (40A), (40B). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §1101(b), added pars. (40A) and (40B). Par. (41). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (41A). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §231(b), added par. (41A). Pars. (42) to (45). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (46). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §907(a)(1)(B), substituted “at any time before” for “on any day during the period beginning 90 days before the date of”. Par. (47). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §907(a)(1)(C), amended par. (47) generally. Prior to amendment, par. (47) read as follows: “ ‘repurchase agreement’ (which definition also applies to a reverse repurchase agreement) means an agreement, including related terms, which provides for the transfer of certificates of deposit, eligible bankers’ acceptances, or securities that are direct obligations of, or that are fully guaranteed as to principal and interest by, the United States or any agency of the United States against the transfer of funds by the transferee of such certificates of deposit, eligible bankers’ acceptances, or securities with a simultaneous agreement by such transferee to transfer to the transferor thereof certificates of deposit, eligible bankers’ acceptances, or securities as described above, at a date certain not later than one year after such transfers or on demand, against the transfer of funds;”. Par. (48). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §907(a)(1)(D), inserted “, or exempt from such registration under such section pursuant to an order of the Securities and Exchange Commission,” after “1934”. Par. (48A). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §401(a), added par. (48A). Pars. (49) to (51A). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (51B). Pub. L. 109–8, §1201(2), (5), (8), inserted “The term” after par. designation and “who is not a family farmer” after “income of a debtor” and substituted a period for “thereto having aggregate noncontingent, liquidated secured debts in an amount no more than $4,000,000;”. Pars. (51C), (51D). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §432(a), added pars. (51C) and (51D) and struck out former par. (51C) which read as follows: “ ‘small business’ means a person engaged in commercial or business activities (but does not include a person whose primary activity is the business of owning or operating real property and activities incidental thereto) whose aggregate noncontingent liquidated secured and unsecured debts as of the date of the petition do not exceed $2,000,000;”. Pars. (52) to (53A). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (53B). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Pub. L. 109–8, §907(a)(1)(E), amended par. (53B) generally. Prior to amendment, par. (53B) consisted of introductory provisions and subpars. (A) to (C) defining “swap agreement”. Par. (53C). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (53D). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (54). Pub. L. 109–8, §1201(8), substituted a period for semicolon at end. Pub. L. 109–8, §1201(6), added par. (54) and struck out former par. (54) which read as follows: “The term ‘transfer’ means every mode, direct or indirect, absolute or conditional, voluntary or involuntary, of disposing of or parting with property or with an interest in property, including retention of title as a security interest and foreclosure of the debtor's equity of redemption;”. Pub. L. 109–8, §1201(2), inserted “The term” after par. designation. Par. (54A). Pub. L. 109–8, §1201(8), which directed the substitution of a period for semicolon at end, could not be executed because par. (54A) ended in a period after amendment by Pub. L. 109–8, §1201(4). See below. Pub. L. 109–8, §1201(4), (7), substituted “The term” for “the term”, realigned left margin, and substituted a period for “; and” at end. Par. (55). Pub. L. 109–8, §1201(2), (8), inserted “The term” after par. designation and substituted a period for semicolon at end. Par. (56A). Pub. L. 109–8, §1201(8), which directed the substitution of a period for semicolon “in each of paragraphs (40) through (55)” at end, was executed to par. (56A), to reflect the probable intent of Congress, because par. (56A) follows par. (53C) in text. Pub. L. 109–8, §1201(2), inserted “The term” after par. designation. 2000—Par. (22). Pub. L. 106–554, §1(a)(5) [title I, §112(c)(3)], amended par. (22) generally. Prior to amendment par. (22) read as follows: “ ‘financial institution’ means a person that is a commercial or savings bank, industrial savings bank, savings and loan association, or trust company and, when any such person is acting as agent or custodian for a customer in connection with a securities contract, as defined in section 741 of this title, such customer;”. Par. (54A). Pub. L. 106–554, §1(a)(5) [title I, §112(c)(4)], added par. (54A). 1994—Par. (3). Pub. L. 103–394, §501(a)(1), redesignated par. (3) as (21B) and inserted it after par. (21A). Par. (6). Pub. L. 103–394, §501(b)(1)(A), substituted “section 761” for “section 761(9)” after “customer, as defined in”. Par. (12A). Pub. L. 103–394, §304(a), added par. (12A). Par. (21B). Pub. L. 103–394, §501(a)(1), redesignated par. (3) as (21B). Par. (22). Pub. L. 103–394, §501(b)(1)(B), substituted “section 741” for “section 741(7)”. Par. (33)(A). Pub. L. 103–394, §501(d)(1)(A)(i), struck out “(12 U.S.C. 1813(u))” after “section 3(u) of the Federal Deposit Insurance Act”. Par. (33)(B). Pub. L. 103–394, §501(d)(1)(A)(ii), struck out “(12 U.S.C. 1786(r))” after “Act”. Par. (34). Pub. L. 103–394, §501(d)(1)(B), struck out “(12 U.S.C. 1752(7))” after “Act”. Par. (35). Pub. L. 103–394, §501(b)(1)(C), (d)(1)(C), struck out “(12 U.S.C. 1813(c)(2))” after “Act” in subpar. (A) and substituted “paragraphs (21B)” for “paragraphs (3)” in subpar. (B). Par. (35A). Pub. L. 103–394, §501(a)(4), redesignated par. (56) defining “intellectual property” as (35A) and inserted it after par. (35). Par. (39). Pub. L. 103–394, §501(a)(5), redesignated par. (57) defining “mask work” as (39) and inserted it after par. (38). Former par. (39) redesignated (51A). Par. (41). Pub. L. 103–394, §106, amended par. (41) generally. Prior to amendment, par. (41) read as follows: “ ‘person’ includes individual, partnership, and corporation, but does not include governmental unit, Provided, however, That any governmental unit that acquires an asset from a person as a result of operation of a loan guarantee agreement, or as receiver or liquidating agent of a person, will be considered a person for purposes of section 1102 of this title.” Par. (42A). Pub. L. 103–394, §208(a)(1), added par. (42A). Par. (48). Pub. L. 103–394, §501(d)(1)(D), struck out “(15 U.S.C. 78q–1)” after “Act of 1934” and “(15 U.S.C. 78c(12))” after “such Act”. Par. (49)(A)(xii). Pub. L. 103–394, §501(d)(1)(E)(i), struck out “(15 U.S.C. 77a et seq.)” after “Act of 1933” and “(15 U.S.C. 77c(b))” after “such Act”. Par. (49)(B). Pub. L. 103–394, §501(b)(1)(D), (d)(1)(E)(ii), substituted “section 761” for “section 761(13)” in cl. (ii) and struck out “(15 U.S.C. 77c(b))” after “Act of 1933” in cl. (vi). Par. (51A). Pub. L. 103–394, §501(a)(2), redesignated par. (39) as (51A) and inserted it after par. (51). Par. (51B). Pub. L. 103–394, §218(a), added par. (51B). Par. (51C). Pub. L. 103–394, §217(a), added par. (51C). Par. (53A). Pub. L. 103–394, §501(a)(3), (b)(1)(E), redesignated par. (54) defining “stockbroker” as (53A) and substituted “section 741” for “section 741(2)” in subpar. (A). Par. (53B). Pub. L. 103–394, §501(a)(3), redesignated par. (55) defining “swap agreement” as (53B). Par. (53C). Pub. L. 103–394, §501(a)(3), redesignated par. (56) defining “swap participant” as (53C). Par. (53D). Pub. L. 103–394, §501(a)(3), (d)(1)(F), redesignated par. (57) defining “timeshare plan” as (53D) and substituted semicolon for period at end. Par. (54). Pub. L. 103–394, §501(a)(3), redesignated par. (54) defining “stockbroker” as (53A). Par. (55). Pub. L. 103–394, §501(a)(3), redesignated par. (55) defining “swap agreement” as (53B). Pub. L. 103–394, §215, inserted “spot foreign exchange agreement,” after “forward foreign exchange agreement,”. Par. (56). Pub. L. 103–394, §501(a)(3), redesignated par. (56) defining “swap participant” as (53C). Pub. L. 103–394, §501(a)(4), redesignated par. (56) defining “intellectual property” as (35A) and inserted it after par. (35). Par. (56A). Pub. L. 103–394, §208(a)(2), added par. (56A) and inserted it after par. defining “swap participant”. Par. (57). Pub. L. 103–394, §501(a)(3), redesignated par. (57) defining “timeshare plan” as (53D). Pub. L. 103–394, §501(a)(5), redesignated par. (57) defining “mask work” as (39) and inserted it after par. (38). 1992—Par. (21A). Pub. L. 102–486 added par. (21A). 1990—Par. (3). Pub. L. 101–647, §2522(e)(4), added par. (3). Former par. (3) redesignated (4). Pars. (4) to (23). Pub. L. 101–647, §2522(e)(3), redesignated pars. (3) to (22) as (4) to (23), respectively. Former par. (23) redesignated (24). Par. (24). Pub. L. 101–647, §2522(e)(3), redesignated par. (23) as (24). Former par. (24) redesignated (25). Pub. L. 101–311, §201(1), inserted “as defined in section 761(8) of this title, or any similar good, article, service, right, or interest which is presently or in the future becomes the subject of dealing in the forward contract trade,” after “transfer of commodity,” and “, including, but not limited to, a repurchase transaction, reverse repurchase transaction, consignment, lease, swap, hedge transaction, deposit, loan, option, allocated transaction, unallocated transaction, or any combination thereof or option thereon” after “entered into”. Par. (25). Pub. L. 101–647, §2522(e)(3), redesignated par. (24) as (25). Former par. (25) redesignated (26). Pub. L. 101–311, §201(2), substituted “a commodity, as defined in section 761(8) of this title, or any similar good, article, service, right, or interest which is presently or in the future becomes the subject of dealing in the forward contract trade” for “commodities”. Pars. (26) to (32). Pub. L. 101–647, §2522(e)(3), redesignated pars. (25) to (31) as (26) to (32), respectively. Former par. (32) redesignated (36). Par. (33). Pub. L. 101–647, §2522(e)(2), added par. (33). Former par. (33) redesignated (37). Par. (34). Pub. L. 101–647, §2522(e)(2), added par. (34). Former par. (34) redesignated (38). Pub. L. 101–311, §201(4), added par. (34). Former par. (34) redesignated (36). Par. (35). Pub. L. 101–647, §2522(e)(2), added par. (35). Former par. (35) redesignated (39). Pub. L. 101–311, §201(4), added par. (35). Former par. (35) redesignated (37). Par. (36). Pub. L. 101–647, §2522(e)(1), redesignated par. (32) as (36). Former par. (36) redesignated (40). Pub. L. 101–311, §201(3), redesignated par. (34) as (36). Former par. (36) redesignated (38). Pars. (37) to (48). Pub. L. 101–647, §2522(e)(1), redesignated pars. (33) to (44) as (37) to (48), respectively. Former pars. (45) to (48) redesignated (49) to (52), respectively. Pub. L. 101–311, §201(3), redesignated pars. (35) to (46) as (37) to (48), respectively. Former pars. (47) and (48) redesignated (49) and (50), respectively. Pars. (49), (50). Pub. L. 101–647, §2522(e)(1), redesignated pars. (45) and (46) as (49) and (50), respectively. Former pars. (49) and (50) redesignated (53) and (54) defining “stockbroker”, respectively. Pub. L. 101–311, §201(3), redesignated pars. (47) and (48) as (49) and (50), respectively. Former pars. (49) and (50) redesignated (51) and (52), respectively. Pub. L. 101–311, §101(2), added pars. (49) and (50). Former pars. (49) and (50) redesignated (51) and (52), respectively. Par. (51). Pub. L. 101–647, §2522(e)(1), redesignated par. (47) as (51). Former par. (51) redesignated (55) defining “swap agreement”. Pub. L. 101–311, §201(3), redesignated par. (49) as (51). Former par. (51) redesignated (53). Pub. L. 101–311, §101(1), redesignated par. (49) as (51). Former par. (51) redesignated (53). Par. (52). Pub. L. 101–647, §2522(e)(1), redesignated par. (48) as (52). Former par. (52) redesignated (56) defining “swap participant”. Pub. L. 101–311, §201(3), redesignated par. (50) as (52). Former par. (52) redesignated (54) defining “transfer”. Pub. L. 101–311, §101(1), redesignated par. (50) as (52). Former par. (52) redesignated (54). Par. (53). Pub. L. 101–647, §2522(e)(1), redesignated par. (49) as (53). Former par. (53) redesignated (57) defining “timeshare plan”. Pub. L. 101–311, §201(3), redesignated par. (51) as (53). Former par. (53) redesignated (55) defining “United States”. Pub. L. 101–311, §101(1), redesignated par. (51) as (53). Former par. (53) redesignated (55). Par. (54). Pub. L. 101–647, §2522(e)(1), redesignated par. (50) as (54) defining “stockbroker”. Pub. L. 101–311, §201(3), redesignated par. (52) as (54) defining “transfer”. Former par. (54) redesignated (56) defining “intellectual property”. Pub. L. 101–311, §101(1), redesignated par. (52) as (54). Par. (55). Pub. L. 101–647, §2522(e)(1), redesignated par. (51) as (55) defining “swap agreement”. Pub. L. 101–311, §201(3), redesignated par. (53) as (55) defining “United States”. Former par. (55) redesignated (57) defining “mask work”. Pub. L. 101–311, §101(1), redesignated par. (53) as (55). Par. (56). Pub. L. 101–647, §2522(e)(1), redesignated par. (52) as (56) defining “swap participant”. Pub. L. 101–311, §201(3), redesignated par. (54) as (56) defining “intellectual property”. Par. (57). Pub. L. 101–647, §2522(e)(1), redesignated par. (53) as (57) defining “timeshare plan”. Pub. L. 101–311, §201(3), redesignated par. (55) as (57) defining “mask work”. 1988—Par. (31). Pub. L. 100–597 inserted “and a municipality” after “partnership” in subpar. (A) and added subpar. (C). Pars. (52), (53). Pub. L. 100–506 added pars. (52) and (53). 1986—Par. (14). Pub. L. 99–554, §201(1), substituted “governmental unit, and United States trustee” for “and governmental unit”. Pars. (17), (18). Pub. L. 99–554, §251(2), (3), added pars. (17) and (18) and redesignated former pars. (17) and (18) as (19) and (20), respectively. Par. (19). Pub. L. 99–554, §251(1), (2), redesignated former par. (17) as (19) and inserted “(except when such term appears in the term ‘family farmer’)”. Former par. (19) redesignated (21). Pars. (20) to (25). Pub. L. 99–554, §251(2), redesignated former pars. (18) to (23) as (20) to (25), respectively. Former pars. (24) and (25) redesignated (26) and (27), respectively. Par. (26). Pub. L. 99–554, §201(2), inserted “(but not a United States trustee while serving as a trustee in a case under this title)”. Pub. L. 99–554, §251(2), redesignated former par. (24) as (26). Former par. (26) redesignated (28). Pars. (27) to (42). Pub. L. 99–554, §251(2), redesignated former pars. (25) to (40) as (27) to (42), respectively. Former pars. (41) and (42) redesignated (43) and (44), respectively. Par. (43). Pub. L. 99–554, §251(2), redesignated former par. (41) as (43). Former par. (43) redesignated (45). Par. (43)(A)(xv). Pub. L. 99–554, §283(a)(1), substituted “security” for “secuity”. Pars. (44) to (50). Pub. L. 99–554, §251(2), redesignated former pars. (42) to (48) as (44) to (50), respectively. Former par. (49) redesignated (51). Par. (51). Pub. L. 99–554, §283(a)(2), substituted a period for the semicolon at the end thereof. Pub. L. 99–554, §251(2), redesignated former par. (49) as (51). 1984—Par. (2)(D). Pub. L. 98–353, §421(a), struck out “or all” after “business”. Par. (8)(B). Pub. L. 98–353, §421(b), substituted a semicolon for the colon at end of subpar. (B). Par. (9)(B). Pub. L. 98–353, §421(c), inserted reference to section 348(d). Par. (14). Pub. L. 98–353, §421(d), inserted “and” after “trust,”. Pars. (19) to (21). Pub. L. 98–353, §421(j)(3), (4), added par. (19) and redesignated former pars. (19), (20), and (21) as (20), (21), and (24), respectively. Pars. (22), (23). Pub. L. 98–353, §421(j)(2), (5), added pars. (22) and (23) and redesignated former pars. (22) and (23) as (25) and (26), respectively. Pars. (24) to (26). Pub. L. 98–353, §421(j)(2), redesignated former pars. (21) to (23) as (24) to (26), respectively. Former pars. (24) to (26) redesignated (27) to (29), respectively. Par. (27). Pub. L. 98–353, §421(e), (j)(2), redesignated former par. (24) as (27) and substituted “stockbroker” for “stock broker”. Former par. (27) redesignated (30). Par. (28). Pub. L. 98–353, §421(j)(2), redesignated former par. (25) as (28). Former par. (28) redesignated (31). Par. (29). Pub. L. 98–353, §421(f), (j)(2), redesignated former par. (26) as (29) and, in subpar. (B)(ii), substituted “nonpartnership” and “(A)” for “separate” and “(A)(ii)”, respectively, wherever appearing. Former par. (29) redesignated (32). Pars. (30) to (32). Pub. L. 98–353, §421(j)(2), redesignated former pars. (27) to (29) as (30) to (32), respectively. Former pars. (30) to (32) redesignated (33) to (35), respectively. Par. (33). Pub. L. 98–353, §421(g), (j)(2), redesignated former par. (30) as (33) and amended definition of “person” generally, thereby inserting proviso relating to consideration of certain governmental units as persons for purposes of section 1102 of this title. Former par. (33) redesignated (36). Par. (34). Pub. L. 98–353, §421(j)(2), redesignated former par. (31) as (34). Former par. (34) redesignated (37). Pars. (35), (36). Pub. L. 98–353, §421(j)(2), redesignated former pars. (32) and (33) as (35) and (36), respectively. Former pars. (35) and (36), as added by Pub. L. 98–353, §391(2), redesignated (38) and (39), respectively. Pub. L. 98–353, §391, added pars. (35) and (36), and redesignated former pars. (35) and (36) as (37) and (38) which were again redesignated as (40) and (41), respectively. Par. (37). Pub. L. 98–353, §421(j)(2), redesignated former par. (34) as (37). Former par. (37) redesignated successively as (39) and again as (42). Par. (38). Pub. L. 98–353, §§391(2), 421(j)(2), added par. (35) and redesignated such par. (35) as (38). Former par. (38) redesignated successively as (40) and again as (43). Par. (39). Pub. L. 98–353, §§391(2), 421(j)(2), added par. (36) and redesignated such par. (36) as (39). Former par. (39) redesignated successively as (41) and again as (45). Par. (40). Pub. L. 98–353, §§391(1), 421(j)(2), redesignated successively former par. (35) as (37) and again as (40). Former par. (40) redesignated successively as (42) and again as (46). Par. (41). Pub. L. 98–353, §§391(1), 401(1), 421(h), (j)(2), redesignated successively former par. (36) as (38) and again as (41), and, in subpar. (B)(vi), substituted “certificate of a kind specified in subparagraph (A)(xii)” for “certificate specified in clause (xii) of subparagraph (A)” and substituted “required to be the subject of a registration statement” for “the subject of such registration statement”. Former par. (41) redesignated successively as (43), again as (44), and again as (48). Par. (42). Pub. L. 98–353, §§391(1), 421(j)(2), redesignated successively former par. (37) as (39) and again as (42). Par. (43). Pub. L. 98–353, §§391(1), 421(j)(2), redesignated successively former par. (38) as (40) and again as (43). Pub. L. 98–353, §401, redesignated former par. (43), originally par. (41), as (44), and added another par. (43) which was redesignated (47). Par. (44). Pub. L. 98–353, §421(j)(6), added par. (44). Former par. (44) originally was par. (41) and was redesignated successively as (43), again as (44), and again as (48). Pars. (45), (46). Pub. L. 98–353, §§391(1), 421(j)(1), redesignated successively former pars. (39) and (40) as (41) and (42), and again as (45) and (46), respectively. Par. (47). Pub. L. 98–353, §§401(2), 421(j)(1), added par. (43) and redesignated such par. (43) as (47). Par. (48). Pub. L. 98–353, §§391(1), 401(1), 421(i), (j)(1), redesignated successively former par. (41) as (43), again as (44), and again as (48), and substituted “and foreclosure of the debtor's equity of redemption; and” for the period at the end. Par. (49). Pub. L. 98–353, §421(j)(7), added par. (49). 1982—Par. (35). Pub. L. 97–222, §1(a)(2), added par. (35). Former par. (35) redesignated (36). Par. (36). Pub. L. 97–222, §1(a)(1), (b), (c), redesignated par. (35) as (36) and substituted “is required to be the subject of a registration statement” for “is the subject of a registration statement” in subpar. (A)(xii) and substituted “forward contract” for “forward commodity contract” in subpar. (B)(iii). Former par. (36) redesignated (37). Pars. (37) to (39). Pub. L. 97–222, §1(a)(1), redesignated pars. (36) to (38) as (37) to (39), respectively. Former par. (39) redesignated (40). Pars. (40), (41). Pub. L. 97–222, §1(a)(1), (d), redesignated former par. (39) as (40) and restructured its provisions by dividing the former introductory provisions into subpars. (A) and (B) and by redesignating former subpars. (A) and (B) as cls. (i) and (ii), respectively, of subpar. (B). Former par. (40) redesignated (41).

Effective Date of 2006 Amendment

Pub. L. 109–390, §7, Dec. 12, 2006, 120 Stat. 2700, provided that: “The amendments made by this Act [see Short Title of 2006 Amendment note set out under this section] shall not apply to any cases commenced under title 11, United States Code, or appointments made under any Federal or State law, before the date of the enactment of this Act [Dec. 12, 2006].”

Effective Date of 2005 Amendment

Pub. L. 109–8, title XV, §1501, Apr. 20, 2005, 119 Stat. 216, provided that: “(a) Effective Date.—Except as otherwise provided in this Act, this Act [see Tables for classification] and the amendments made by this Act shall take effect 180 days after the date of enactment of this Act [Apr. 20, 2005]. “(b) Application of Amendments.— “(1) In general.—Except as otherwise provided in this Act and paragraph (2), the amendments made by this Act shall not apply with respect to cases commenced under title 11, United States Code, before the effective date of this Act. “(2) Certain limitations applicable to debtors.—The amendments made by sections 308, 322, and 330 [amending sections 104, 522, 727, 1141, 1228, and 1328 of this title] shall apply with respect to cases commenced under title 11, United States Code, on or after the date of the enactment of this Act [Apr. 20, 2005].”

Effective Date of 1994 Amendment

Section 702 of Pub. L. 103–394 provided that: “(a) Effective Date.—Except as provided in subsection (b), this Act [see Tables for classification] shall take effect on the date of the enactment of this Act [Oct. 22, 1994]. “(b) Application of Amendments.—(1) Except as provided in paragraph (2), the amendments made by this Act shall not apply with respect to cases commenced under title 11 of the United States Code before the date of the enactment of this Act. “(2)(A) Paragraph (1) shall not apply with respect to the amendment made by section 111 [amending section 524 of this title]. “(B) The amendments made by sections 113 and 117 [amending sections 106 and 330 of this title] shall apply with respect to cases commenced under title 11 of the United States Code before, on, and after the date of the enactment of this Act. “(C) Section 1110 of title 11, United States Code, as amended by section 201 of this Act, shall apply with respect to any lease, as defined in such section 1110(c) as so amended, entered into in connection with a settlement of any proceeding in any case pending under title 11 of the United States Code on the date of the enactment of this Act. “(D) The amendments made by section 305 [amending sections 1123, 1222, and 1322 of this title] shall apply only to agreements entered into after the date of enactment of this Act.”

Effective Date of 1992 Amendment

Section 3017(c) of Pub. L. 102–486 provided that: “(1) Except as provided in paragraph (2), the amendments made by this section [amending this section and section 541 of this title] shall take effect on the date of the enactment of this Act [Oct. 24, 1992]. “(2) The amendments made by this section shall not apply with respect to cases commenced under title 11 of the United States Code before the date of the enactment of this Act.”

Effective Date of 1988 Amendments

Section 12 of Pub. L. 100–597 provided that: “(a) Effective Date.—Except as provided in subsection (b), this Act and the amendments made by this Act [enacting sections 927 to 929 of this title, amending this section and sections 109, 901, 902, 922, 926, and 943 of this title, and renumbering section 927 of this title as 930] shall take effect on the date of the enactment of this Act [Nov. 3, 1988]. “(b) Application of Amendments.—The amendments made by this Act shall not apply with respect to cases commenced under title 11 of the United States Code before the date of the enactment of this Act [Nov. 3, 1988].” Section 2 of Pub. L. 100–506 provided that: “(a) Effective Date.—Except as provided in subsection (b), this Act and the amendments made by this Act [amending this section and section 365 of this title] shall take effect on the date of the enactment of this Act [Oct. 18, 1988]. “(b) Application of Amendments.—The amendments made by this Act shall not apply with respect to any case commenced under title 11 of the United States Code before the date of the enactment of this Act [Oct. 18, 1988].”

Effective Date of 1986 Amendment

Effective date and applicability of amendment by section 201 of Pub. L. 99–554 dependent upon the judicial district involved, see section 302(d), (e) of Pub. L. 99–554, set out as a note under section 581 of Title 28, Judiciary and Judicial Procedure. Amendment by section 251 of Pub. L. 99–554 effective 30 days after Oct. 27, 1986, but not applicable to cases commenced under this title before that date, see section 302(a), (c)(1) of Pub. L. 99–554. Amendment by section 283 of Pub. L. 99–554 effective 30 days after Oct. 27, 1986, see section 302(a) of Pub. L. 99–554.

Effective Date of 1984 Amendment

Section 552, formerly §553, of title III (§§301–553) of Pub. L. 98–353, as renumbered by Pub. L. 98–531, §1(2), Oct. 19, 1984, 98 Stat. 2704, provided that: “(a) Except as otherwise provided in this section the amendments made by this title [see Tables for classification] shall become effective to cases filed 90 days after the date of enactment of this Act [July 10, 1984]. “(b) The amendments made by section 426(b) [amending section 303 of this title] shall become effective upon the date of enactment of this Act. “(c) The amendments made by subtitle J [enacting section 1113 of this title], shall become effective as provided in section 541(c) [set out as an Effective Date note under section 1113 of this title].”

Short Title of 2010 Amendment

Pub. L. 111–327, §1, Dec. 22, 2010, 124 Stat. 3557, provided that: “This Act [amending this section, sections 103, 105 to 107, 109 to 111, 303, 308, 348, 362, 363, 505, 507, 521 to 524, 526, 527, 541, 554, 704, 707, 723, 724, 726, 901, 1104, 1106, 1111, 1112, 1127, 1129, 1141, 1145, 1202, 1302, 1304, 1307, 1308, 1322, 1325, 1511, 1519, 1521, and 1529 of this title, section 157 of Title 18, Crimes and Criminal Procedure, sections 158, 159, and 586 of Title 28, Judiciary and Judicial Procedure, and provisions set out as a note under section 507 of this title] may be cited as the ‘Bankruptcy Technical Corrections Act of 2010’.”

Short Title of 2009 Amendment

Pub. L. 111–16, §1, May 7, 2009, 123 Stat. 1607, provided that: “This Act [amending sections 109, 322, 332, 342, 521, 704, 749, and 764 of this title, sections 983, 1514, 1963, 2252A, 2339B, 3060, 3432, 3509, and 3771 of Title 18, Crimes and Criminal Procedure, section 7 of the Classified Information Procedures Act set out in the Appendix to Title 18, section 853 of Title 21, Food and Drugs, and sections 636, 1453, and 2107 of Title 28, Judiciary and Judicial Procedure, and enacting provisions set out as a note under section 109 of this title] may be cited as the ‘Statutory Time-Periods Technical Amendments Act of 2009’.”

Short Title of 2008 Amendment

Pub. L. 110–438, §1, Oct. 20, 2008, 122 Stat. 5000, provided that: “This Act [amending section 707 of this title and enacting provisions set out as a note under section 707 of this title] may be cited as the ‘National Guard and Reservists Debt Relief Act of 2008’.”

Short Title of 2006 Amendment

Pub. L. 109–439, §1, Dec. 20, 2006, 120 Stat. 3285, provided that: “This Act [amending section 1325 of this title] may be cited as the ‘Religious Liberty and Charitable Donation Clarification Act of 2006’.” Pub. L. 109–390, §1, Dec. 12, 2006, 120 Stat. 2692, provided that: “This Act [amending this section, sections 362, 546, and 741 of this title, sections 1787, 1821, 4403, and 4404 of Title 12, Banks and Banking, and section 78eee of Title 15, Commerce and Trade, and enacting provisions set out as notes under this section] may be cited as the ‘Financial Netting Improvements Act of 2006’.”

Short Title of 2005 Amendment

Pub. L. 109–8, §1(a), Apr. 20, 2005, 119 Stat. 23, provided that: “This Act [see Tables for classification] may be cited as the ‘Bankruptcy Abuse Prevention and Consumer Protection Act of 2005’.” Pub. L. 109–8, title III, §332(a), Apr. 20, 2005, 119 Stat. 103, provided that: “This section [amending section 303 of this title and section 157 of Title 18, Crimes and Criminal Procedure] may be cited as the ‘Involuntary Bankruptcy Improvement Act of 2005’.”

Short Title of 2004 Amendment

Pub. L. 108–369, §1, Oct. 25, 2004, 118 Stat. 1749, provided that: “This Act [amending sections 1201 to 1208 and 1221 to 1231 of this title and enacting and amending provisions set out as notes under section 1201 of this title] may be cited as the ‘Family Farmer Bankruptcy Relief Act of 2004’.”

Short Title of 2003 Amendment

Pub. L. 108–73, §1, Aug. 15, 2003, 117 Stat. 891, provided that: “This Act [amending sections 1201 to 1208 and 1221 to 1231 of this title and enacting and amending provisions set out as notes under section 1201 of this title] may be cited as the ‘Family Farmer Bankruptcy Relief Act of 2003’.”

Short Title of 2002 Amendment

Pub. L. 107–377, §1, Dec. 19, 2002, 116 Stat. 3115, provided that: “This Act [amending sections 1201 to 1208 and 1221 to 1231 of this title, and enacting and amending provisions set out as notes under section 1201 of this title] may be cited as the ‘Protection of Family Farmers Act of 2002’.”

Short Title of 1998 Amendment

Pub. L. 105–183, §1, June 19, 1998, 112 Stat. 517, provided that: “This Act [amending sections 544, 546, 548, 707, and 1325 of this title and enacting provisions set out as notes under section 544 of this title] may be cited as the ‘Religious Liberty and Charitable Donation Protection Act of 1998’.”

Short Title of 1994 Amendment

Section 1(a) of Pub. L. 103–394 provided that: “This Act [see Tables for classification] may be cited as the ‘Bankruptcy Reform Act of 1994’.”

Short Title of 1990 Amendments

Pub. L. 101–581, §1, Nov. 15, 1990, 104 Stat. 2865, and section 3101 of title XXXI of Pub. L. 101–647, provided respectively that such Act and such title [amending sections 523 and 1328 of this title and enacting provisions set out as a note under section 523 of this title] may be cited as the “Criminal Victims Protection Act of 1990”.

Short Title of 1988 Amendment

Pub. L. 100–334, §1, June 16, 1988, 102 Stat. 610, provided that: “This Act [enacting section 1114 of this title, amending section 1129 of this title, enacting provisions set out as a note under section 1114 of this title, and amending and repealing provisions set out as notes under section 1106 of this title] may be cited as the ‘Retiree Benefits Bankruptcy Protection Act of 1988’.”

Short Title of 1984 Amendment

Section 361 of subtitle C (§§361–363) of title III of Pub. L. 98–353 provided that: “This subtitle [amending sections 362, 365, and 541 of this title] may be cited as the ‘Leasehold Management Bankruptcy Amendments Act of 1983’.”

Savings Provision

Pub. L. 109–8, title IX, §912, as added Pub. L. 109–390, §5(d), Dec. 12, 2006, 120 Stat. 2698, provided that: “The meanings of terms used in this title [see Tables for classification] are applicable for the purposes of this title only, and shall not be construed or applied so as to challenge or affect the characterization, definition, or treatment of any similar terms under any other statute, regulation, or rule, including the Gramm-Leach-Bliley Act [Pub. L. 106–102, see Short Title of 1999 Amendment note set out under section 1811 of Title 12, Banks and Banking], the Legal Certainty for Bank Products Act of 2000 [7 U.S.C. 27 to 27f], the securities laws (as such term is defined in section 3(a)(47) of the Securities Exchange Act of 1934 [15 U.S.C. 78c(a)(47)]), and the Commodity Exchange Act [7 U.S.C. 1 et seq.].”

Separability

Section 701 of Pub. L. 103–394 provided that: “If any provision of this Act [see Tables for classification] or amendment made by this Act or the application of such provision or amendment to any person or circumstance is held to be unconstitutional, the remaining provisions of and amendments made by this Act and the application of such other provisions and amendments to any person or circumstance shall not be affected thereby.” Section 551 of title III (§§301–553) of Pub. L. 98–353 provided that: “If any provision of this title or any amendment made by this title [see Tables for classification], or the application thereof to any person or circumstance is held invalid, the provisions of every other part, and their application shall not be affected thereby.”

Construction

Pub. L. 109–8, title X, §1007(e), Apr. 20, 2005, 119 Stat. 188, provided that: “Nothing in this section [amending this section and sections 109, 1203, and 1206 of this title] shall change, affect, or amend the Fishery Conservation and Management Act of 1976 (16 U.S.C. 1801 et seq.).” Pub. L. 109–8, title XI, §1101(c), Apr. 20, 2005, 119 Stat. 189, provided that: “The amendments made by subsection (a) of this section [amending this section] shall not affect the interpretation of section 109(b) of title 11, United States Code.”

Nonlimitation of Information

Pub. L. 109–8, title I, §102(e), Apr. 20, 2005, 119 Stat. 33, provided that: “Nothing in this title [see Tables for classification] shall limit the ability of a creditor to provide information to a judge (except for information communicated ex parte, unless otherwise permitted by applicable law), United States trustee (or bankruptcy administrator, if any), or trustee.”

Judicial Education

Pub. L. 109–8, title XII, §1226, Apr. 20, 2005, 119 Stat. 199, provided that: “The Director of the Federal Judicial Center, in consultation with the Director of the Executive Office for United States Trustees, shall develop materials and conduct such training as may be useful to courts in implementing this Act [see Short Title of 2005 Amendment note above] and the amendments made by this Act, including the requirements relating to the means test under section 707(b), and reaffirmation agreements under section 524, of title 11 of the United States Code, as amended by this Act.”

Adjustment of Dollar Amounts

The dollar amounts specified in this section were adjusted by notices of the Judicial Conference of the United States pursuant to section 104 of this title as follows: By notice dated Feb. 19, 2010, 75 F.R. 8747, effective Apr. 1, 2010, in par. (3), dollar amount “164,250” was adjusted to “175,750”; in par. (18)(A), (B)(ii), dollar amount “3,544,525” was adjusted to “3,792,650” each time it appeared; in par. (19A)(A)(i), (B)(ii)(II), dollar amount “1,642,500” was adjusted to “1,757,475” each time it appeared; and, in par. (51D)(A), (B), dollar amount “2,190,000” was adjusted to “2,343,300” each time it appeared. See notice of the Judicial Conference of the United States set out as a note under section 104 of this title. By notice dated Feb. 7, 2007, 72 F.R. 7082, effective Apr. 1, 2007, in par. (3), dollar amount “150,000” was adjusted to “164,250”; in par. (18), dollar amount “3,237,000” was adjusted to “3,544,525” each time it appeared; in par. (19A), dollar amount “1,500,000” was adjusted to “1,642,500” each time it appeared; and, in par. (51D), dollar amount “2,000,000” was adjusted to “2,190,000” each time it appeared.