11 U.S.C. § 748
Reduction of securities to money
As soon as practicable after the date of the order for relief, the trustee shall reduce to money, consistent with good market practice, all securities held as property of the estate, except for customer name securities delivered or reclaimed under section 751 of this title.
Notes of Decisions
Cited in 1
case, 1986–1986 · leading case: First Fed. Sav. & Loan Ass'n of Lincoln v. Bevill, Bresler & Schulman, Inc. (In Re Bevill, Bresler & Schulman, Inc.), 59 B.R. 353 (D.N.J. 1986).
First Fed. Sav. & Loan Ass'n of Lincoln v. Bevill, Bresler & Schulman, Inc. (In Re Bevill, Bresler & Schulman, Inc.), 59 B.R. 353 (D.N.J. 1986). “11 U.S.C. § 748 . The trustee may not distribute securities in satisfaction of customer claims, except for customer name securities.”
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