Page:United States Statutes at Large Volume 92 Part 2.djvu/1269

 PUBLIC LAW 95-598—NOV. 6, 1978

92 STAT. 2549

Public Law 95-598 95th Congress An Act To establish a uniform Law on the Subject of Bankruptcies.

Nov. 6, 1978 [H.R. 8200]

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, Title 11, USC. Bankruptcy.

TITLE I—ENACTMENT OF TITLE 11 OF THE UNITED STATES CODE SEC. 101. The law relating to bankruptcy is codified and enacted llUSC prec.lOl as title 11 of the United States Code, entitled "Bankruptcy", and may notebe cited as 11 U.S.C. §, as follows: TITLE 11—BANKRUPTCY CHAPTER I. GENERAL PROVISIONS 3. CASE ADMINISTRATION 5. CREDITOES, THE DEBTOR, AND THE ESTATE 7. LIQUIDATION 9. ADJUSTMENT OF DEBTS OF A MUNICIPALITT II. REORGANIZATION 13. ADJUSTMENT OF DEBTS OF AN INDIVIDUAL W I T H BEOULAB INCOME 15. UNITED STATES TBUSTEES

Sec. 101 301 501 701 901 1101 1301 1501

CHAPTER 1—GENERAL PROVISIONS Sec. 101. 102. 103. 104. 105. 106. 107. 108. 109.

Definitions. Rules of construction. Applicability of chapters. Adjustment of dollar amounts. Power of court. Waiver of sovereign immunity. Public access to papers. Extension of time. Who may be a debtor.

§ lOL Definitions n USC lOi. I n this title— (1) "accountant" means accountant authorized under applicable law to practice public accounting, and includes professional accounting association, corporation, or partnership, if so authorized; (2) "affiliate" means— (A) entity that directly or indirectly owns, controls, or holds with power to vote, 20 percent or more of the outstanding voting securities of the debtor, other than an entity that holds such securities— (i) in a fiduciary or agency capacity without sole discretionary power to vote such securities; or (ii) solely to secure a debt, if such entity has not in fact exercised such power to vote; (B) corporation 20 percent or more of whose outstanding voting securities are directly or indirectly owned, controlled, or held with power to vote, by the debtor, or by an entity

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