§927. Limitation on recourse
Primary source
Verbatim text below is from the United States Code (GovInfo), a public-domain U.S. government work.
Full Text
§927. Limitation on recourse
The holder of a claim payable solely from special revenues of the debtor under applicable nonbankruptcy law shall not be treated as having recourse against the debtor on account of such claim pursuant to section 1111(b) of this title.
Editorial Notes
Prior Provisions
A prior section 927 was renumbered section 930 of this title.
Statutory Notes and Related Subsidiaries
Effective Date
Section effective Nov. 3, 1988, but not applicable to any case commenced under this title before that date, see section 12 of Pub. L. 100–597, set out as an Effective Date of 1988 Amendment note under section 101 of this title.
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What is the difference between chapter 9 and 11?+
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Sourced from Comparison of Chapter 9 and Chapter 11 of the U.S. Bankruptcy Code
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This section authorizes the trustee, subject to the court's approval, to employ professional persons, such as attorneys, accountants, appraisers, and auctioneers, to represent or perform services for the estate.
Sourced from 11 U.S. Code § 327 - Employment of professional persons
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