Pub. L. 103-394, tit. I, sec. 106

DEFINITION RELATING TO ELIGIBILITY TO SERVE ON CHAPTER 11 COMMITTEES.

EnactedYear: 1994Length: 173 wordsOfficial source
SEC. 106. DEFINITION RELATING TO ELIGIBILITY TO SERVE ON CHAPTER 11 COMMITTEES. Section 101(41) of title 11, United States Code, is amended to read as follows: “(41) ‘person’ includes individual, partnership, and corporation, but does not include governmental unit, except that a governmental unit that— “(A) acquires an asset from a person— “(i) as a result of the operation of a loan guarantee agreement; or “(ii) as receiver or liquidating agent of a person; “(B) is a guarantor of a pension benefit payable by or on behalf of the debtor or an affiliate of the debtor; or “(C) is the legal or beneficial owner of an asset of— “(i) an employee pension benefit plan that is a governmental plan, as defined in section 414(d) of the Internal Revenue Code of 1986; or “(ii) an eligible deferred compensation plan, as defined in section 457(b) of the Internal Revenue Code of 1986; shall be considered, for purposes of section 1102 of this title, to be a person with respect to such asset or such benefit;”.
Pub. L. 103-394, tit. I, sec. 106: DEFINITION RELATING TO ELIGIBILITY TO SERVE ON CHAPTER 11 COMMITTEES. | Justis AI