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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 09:52:37 -04:00

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LegalText 11 U.S.C. § 1143 Distribution us united_states_code code_section 11 BANKRUPTCY 11 REORGANIZATION 1143 11 U.S.C. § 1143 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/s1143 data/legal/raw/us/code/title-11/usc11.xml 0abfba59d12a4893c593a28ce1aeb6f278a29d81228c600487f1994ce8033e22 49b32bf784de01de21874d64b5d1d78d1d245352824a03caa6d6b941a4a2c9a2 0c7eb2637392799325a600a083479f1a2a6c552973dcb7052c323f4090ba2a09 2026-07-04 official
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us-code

11 U.S.C. § 1143 - Distribution

Text

If a plan requires presentment or surrender of a security or the performance of any other act as a condition to participation in distribution under the plan, such action shall be taken not later than five years after the date of the entry of the order of confirmation. Any entity that has not within such time presented or surrendered such entitys security or taken any such other action that the plan requires may not participate in distribution under the plan.

(Pub. L. 95598, Nov. 6, 1978, 92 Stat. 2639.)

Notes

Historical and Revision Notes

senate report no. 95989Section 1143 fixes a 5-year limitation on presentment or surrender of securities or the performance of any other act that is a condition to participation in distribution under the plan. The 5 years runs from the date of the entry of the order of confirmation. Any entity that does not take the appropriate action with the 5-year period is barred from participation in the distribution under the plan.