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LegalText 11 U.S.C. § 322 Qualification of trustee us united_states_code code_section 11 BANKRUPTCY 3 CASE ADMINISTRATION 322 11 U.S.C. § 322 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc11@119-100.zip /us/usc/t11/s322 data/legal/raw/us/code/title-11/usc11.xml d1ad3a24782cc7d38b2a3e7f5b9d4f2995b1202fd4b956d764a3c4baa63f5e12 49b32bf784de01de21874d64b5d1d78d1d245352824a03caa6d6b941a4a2c9a2 c718283a36e5c8fb432e10076ad070fe6be16e050ba6bfb4df1f26fd8084d6d3 2026-07-04 official
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11 U.S.C. § 322 - Qualification of trustee

Text

(a) Except as provided in subsection (b)(1), a person selected under section 701, 702, 703, 1104, 1163, 1183, 1202, or 1302 of this title to serve as trustee in a case under this title qualifies if before seven days after such selection, and before beginning official duties, such person has filed with the court a bond in favor of the United States conditioned on the faithful performance of such official duties.

(b) (1) The United States trustee qualifies wherever such trustee serves as trustee in a case under this title.

(2) The United States trustee shall determine—

(A) the amount of a bond required to be filed under subsection (a) of this section; and

(B) the sufficiency of the surety on such bond.

(c) A trustee is not liable personally or on such trustees bond in favor of the United States for any penalty or forfeiture incurred by the debtor.

(d) A proceeding on a trustees bond may not be commenced after two years after the date on which such trustee was discharged.

(Pub. L. 95598, Nov. 6, 1978, 92 Stat. 2562; Pub. L. 98353, title III, § 429, July 10, 1984, 98 Stat. 369; Pub. L. 99554, title II, §§ 207, 257(d), Oct. 27, 1986, 100 Stat. 3098, 3114; Pub. L. 103394, title V, § 501(d)(3), Oct. 22, 1994, 108 Stat. 4143; Pub. L. 11116, § 2(2), May 7, 2009, 123 Stat. 1607; Pub. L. 11654, § 4(a)(3), Aug. 23, 2019, 133 Stat. 1085.)

Notes

Historical and Revision Notes

legislative statementsSection 322(a) is modified to include a trustee serving in a railroad reorganization under subchapter IV of chapter 11.

senate report no. 95989A trustee qualifies in a case by filing, within five days after selection, a bond in favor of the United States, conditioned on the faithful performance of his official duties. This section is derived from the Bankruptcy Act section 50b [section 78(b) of former title 11]. The court is required to determine the amount of the bond and the sufficiency of the surety on the bond. Subsection (c), derived from Bankruptcy Act section 50i [section 78(i) of former title 11], relieves the trustee from personal liability and from liability on his bond for any penalty or forfeiture incurred by the debtor. Subsection (d), derived from section 50m [section 78(m) of former title 11], fixes a two-year statute of limitations on any action on a trustees bond. Finally, subsection (e) dispenses with the bonding requirement for the United States trustee.

Editorial Notes

Amendments2019—Subsec. (a). Pub. L. 11654 inserted “1183,” after “1163,”. 2009—Subsec. (a). Pub. L. 11116 substituted “seven days” for “five days”. 1994—Subsec. (a). Pub. L. 103394 substituted “1202, or 1302” for “1302, or 1202”. 1986—Subsec. (a). Pub. L. 99554, § 257(d), inserted reference to section 1202 of this title. Pub. L. 99554, § 207(1), substituted “Except as provided in subsection (b)(1), a person” for “A person”. Subsec. (b). Pub. L. 99554, § 207(2), amended subsec. (b) generally, adding par. (1), designating existing provisions as par. (2), substituting “The United States trustee” for “The court”, “(A) the amount” for “(1) the amount”, and “(B) the sufficiency” for “(2) the sufficiency”. 1984—Subsec. (b)(1). Pub. L. 98353 inserted “required to be”.

Statutory Notes and Related Subsidiaries

Effective Date of 2019 AmendmentAmendment by Pub. L. 11654 effective 180 days after Aug. 23, 2019, see section 5 of Pub. L. 11654, set out as a note under section 101 of this title.

Effective Date of 2009 AmendmentAmendment by Pub. L. 11116 effective Dec. 1, 2009, see section 7 of Pub. L. 11116, set out as a note under section 109 of this title.

Effective Date of 1994 AmendmentAmendment by Pub. L. 103394 effective Oct. 22, 1994, and not applicable with respect to cases commenced under this title before Oct. 22, 1994, see section 702 of Pub. L. 103394, set out as a note under section 101 of this title.

Effective Date of 1986 AmendmentEffective date and applicability of amendment by section 207 of Pub. L. 99554 dependent upon the judicial district involved, see section 302(d), (e) of Pub. L. 99554, set out as a note under section 581 of Title 28, Judiciary and Judicial Procedure. Amendment by section 257 of Pub. L. 99554 effective 30 days after Oct. 27, 1986, but not applicable to cases commenced under this title before that date, see section 302(a), (c)(1) of Pub. L. 99554.

Effective Date of 1984 AmendmentAmendment by Pub. L. 98353 effective with respect to cases filed 90 days after July 10, 1984, see section 552(a) of Pub. L. 98353, set out as a note under section 101 of this title.