Page:United States Statutes at Large Volume 98 Part 1.djvu/422

 98 STAT. 374

Claims.

Ante, p. 373.

PUBLIC LAW 98-353—JULY 10, 1984 (A) striking out "requests subrogation" and inserting in lieu thereof "asserts a right of subrogation to the rights of such creditor"; and (B) striking out "to the rights of such creditor". (e) Section 502(h) of title 11 of the United States Code is amended by striking out "522(i)" and inserting in lieu thereof "522". (f) Section 502(j) of title 11 of the United States Code is amended to read as follows: "(j) A claim that has been allowed or disallowed may be reconsidered for cause. A reconsidered claim may be allowed or disallowed according to the equities of the case. Reconsideration of a claim under this subsection does not affect the validity of any payment or transfer from the estate made to a holder of an allowed claim on account of such allowed claim that is not reconsidered, but if a reconsidered claim is allowed and is of the same class as such holder's claim, such holder may not receive any additional payment or transfer from the estate on account of such holder's allowed claim until the holder of such reconsidered and allowed claim receives payment on account of such claim proportionate in value to that already received by such other holder. This subsection does not alter or modify the trustee's right to recover from a creditor any excess payment or transfer made to such creditor.". SEC. 446. Section 503(b) of title 11 of the United States Code is amended— (1) by striking out the comma after "be allowed"; (2) in paragraph (1)(C), by striking out the comma after "credit"(3) in paragraph (2), by inserting "(a)" after "330"; (4) in paragraph (3), by inserting a comma after "paragraph (4) of this subsection"; (5) in paragraph (3)(C), by striking out the comma after "case"; (6) in paragraph (5), by striking out "and" after the semicolon; and (7) in paragraph (6), by striking out the period and inserting in lieu thereof "; and". SEC. 447. Section 505(a) of title 11 of the United States Code is amended in paragraph (2)(B)(i), by striking out "and" and inserting in lieu thereof "or". SEC. 448. (a) Section 506(b) of title 11 of the United States Code is amended by inserting "for" after "provided". (b) Paragraphs (1) and (2) of section 506(d) of title 11 of the United States Code are amended to read as follows: "(1) such claim was disallowed only under section 5O20t>X5) or 502(e) of this title; or "(2) such claim is not an allowed secured claim due only to the failure of any entity to file a proof of such claim under section 501 of this title.". SEC. 449. (a) Section 507(a) of title 11 of the United States Code is amended— (1) in paragraph (3), by inserting a comma after "severance"; (2) in paragraph (4), by striking out "employee benefit plans" and inserting in lieu thereof "an employee benefit plan"; (3) in paragraph (4KBXi), by inserting "each" after "covered by"; and (4) in paragraph (7) as redesignated by section 350 by inserting "only" after "units,".

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