Page:United States Statutes at Large Volume 92 Part 2.djvu/1374

 92 STAT. 2654 11 USC 15345.

PUBLIC LAW 95-598—NOV. 6, 1978 § 15345. Money of estates (a) Except with respect to a deposit or investment that is insured or guaranteed by the United States or by a department, agency, or instrumentality of the United States or backed by the full faith and credit of the United States, the trustee shall require from an entity with which such money is deposited or invested— (1) a bond— (A) in favor of the United States; (B) secured by the undertaking of a corporate surety approved by the United States trustee for the district in which the case is pending; and (C) conditioned on— (i) a proper accounting for all money so deposited or invested and for any return on such money; (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 15 of title 6. (b) The United States trustee may aggregate money of estates for which such United States trustee serves as trustee for deposit or investment under this section, in order to increase the return on such money, taking into account the safety of such deposit or investment. The United States trustee shall maintain complete records identifying separately the money of each estate included in such an aggregation. Any return on any such deposit or investment shall be paid by the United States trustee into the Treasury. SUBCHAPTER VII—LIQUIDATION

11 USC 15701. Ante, p. 2603.

§ 15701. Interim trustee (a) Promptly after the order for relief under chapter 7 of this title, the United States trustee shall appoint one disinterested person that is a member of the panel of private trustee established under section 586(a)(1) of title 28 or that was serving as trustee in the case immediately before the order for relief under this chapter to serve ^ i as interim trustee in the case. (b) If none of such persons is willing to serve as interim trustee in the case, then the United States trustee shall serve as interim trustee in the case. 11 USC 15703. § 15703. Successor trustee Ante, p. 2605. (a) Pending election of a trustee under section 703(a) of this title, if necessary to preserve or prevent loss to the estate, the United States trustee may appoint an interim trustee in the manner specified in secAnte, p. 2604. tion 15701(a) of this title. Section 701(b) and 701(c) of this title apply to such interim trustee. (b) If creditors do not elect a successor trustee under section 703(a) of this title, or if a trustee is needed in a case reopened under section Ante, p. 2569. 350 of this title, then the United States truste shall serve, or shall appoint one disinterested person that is a member of the panel of Po5^ p. 2663. private trustees established under section 586(a)(1) of title 28 to serve, as trustee in the case.

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