Page:United States Statutes at Large Volume 100 Part 4.djvu/172

 100 STAT. 3100

PUBLIC LAW 99-554—OCT. 27, 1986

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"(ii) prompt repayment of such money and return; and "(iii) faithful performance of duties as a depository; or "(2) the deposit of securities of the kind specified in section 9303 of title 3L".

SEC. 215. INTERIM TRUSTEE.

Section 701(a) of title 11, United States Code, is amended to read as follows: "(a)(1) Promptly after the order for relief under this chapter, the United States trustee shall appoint one disinterested person that is a member of the panel of private trustees established under section 586(a)(1) of title 28 or that is serving as trustee in the case immediately before the order for relief under this chapter to serve as interim trustee in the case. "(2) If none of the members of such panel is willing to serve as interim trustee in the case, then the United States trustee may serve as interim trustee in the case.". •
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SEC. 216. SUCCESSOR TRUSTEE.

Subsections (b) and (c) of section 703 of title 11, United States Code, are amended to read as follows: "(b) Pending election of a trustee under subsection (a) of this section, if necessary to preserve or prevent loss to the estate, the United States trustee may appoint an interim trustee in the manner specified in section 701(a). "(c) If creditors do not elect a successor trustee under subsection (a) of this section or if a trustee is needed in a case reopened under section 350 of this title, then the United States trustee— "(1) shall appoint one disinterested person that is a member of the panel of private trustees established under section 586(a)(1) of title 28 to serve as trustee in the case; or "(2) may, if none of the disinterested members of such panel is riJi willing to serve as trustee, serve as trustee in the case. SEC. 217. DUTIES OF TRUSTEE.

Section 704 of title 11, United States Code, is amended— (1) in paragraph (8) by— (A) inserting ", with the United States trustee," after "court" the first place it appears, and (B) inserting "the United States trustee or" after ba — "information as", and (2) in paragraph (9) by inserting "and with the United States ' * trustee" before the period at the end thereof. SEC. 218. CREDITORS' COMMITTEE.

Section 7O50t>) of title 11, United States Code, is amended— (1) by inserting "or the United States trustee" after "trustee" each place it appears, and (2) by inserting "or the United States trustee" immediately \'f after "court". SEC. 219. DISMISSAL.

(a) GROUND FOR DISMISSAL.—Section 707(a) of title 11, United States Code, is amended— (1) by striking out "or" at the end of paragraph (1),

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