Page:United States Statutes at Large Volume 108 Part 5.djvu/635

 PUBLIC LAW 103-394—OCT. 22, 1994 108 STAT. 4125 "(ii) but for the operation of this paragraph, the estate could include the interest referred to in clause (i) only by virtue of section 542 of this title;". SEC. 209. SELLER'S RIGHT TO RECLAIM GOODS. Section 546(c)(1) of title 11, United States Code, is amended to read as follows: "(1) such a seller may not reclaim any such goods unless such seller demands in writing reclamation of such goods— "(A) before 10 days aiter receipt of such goods by the debtor; or "(B) if such 10-day period expires after the commencement of the case, before 20 days after receipt of such goods by the debtor, and". SEC. 210. INVESTMENT OF MONEY OF THE ESTATE. Section 3450^) of title 11, United States Code, is amended— (1) in paragraph (2) by striking the period at the end and inserting a semicolon, and (2) by aoding at the end the following: "unless the court for cause orders otherwise.". SEC. 211. ELECTION OF TRUSTEE UNDER CHAPTER 11. (a) ELECTION AUTHORIZED.— Section 1104 of title 11 of the United States Code is amended— (1) by redesignating subsections (b) and (c) as subsections (c) and (d), respectively, and (2) by inserting after subsection (a) the following: "(b) Except as provided in section 1163 of this title, on the request of a party in interest made not later than 30 days after the court orders the appointment of a trustee under subsection (a), the United States trustee shall convene a meeting of creditors for the purpose of electing one disinterested person to serve as trustee m me case. The election of a trustee shall be conducted in the manner provided in subsections (a), (b), and (c) of section 702 of this title.". (b) CONFORMING AMENDMENT.— Section 1106(b) of title 11, United States Code, is amended by striking "1104(c)" and inserting " 1104(d)". SEC. 212. RIGHTS OF PARTNERSHIP TRUSTEE AGAINST GENERAL PARTNERS. Section 723(a) of title 11, United States Code, is amended by striking "for the ftdl amount of the deficiency" and inserting "to the extent that under applicable nonbginkruptcy law such general partner is personally liable for such deficiency". SEC. 213. IMPAIRMENT OF CLAIMS AND INTERESTS. (a) OBJECTION TO CLAIMS FILED UNTIMELY. — Section 502(b) of title 11, United States Code, is amended— (1) in paragraph (7) by striking "or" at the end, (2) in paragraph (8) by striking the period at the end and inserting "; or", and (3) by adding at the end the following: "(9) proof of such claim is not timely filed, except to the extent tardily filed as permitted under paragraph (1), (2), or (3) of section 726(a) of this title or under the Federal Rules of Bankruptcy Procedure, except that a claim of a governmental

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