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LegalText 11 U.S.C. § 703 Successor trustee us united_states_code code_section 11 BANKRUPTCY 7 LIQUIDATION 703 11 U.S.C. § 703 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/s703 data/legal/raw/us/code/title-11/usc11.xml 7e8ca9f276aed8e6a3aeaa4f7cc7cc83e69af08fccfb846ea9d715cbdfbc515d 49b32bf784de01de21874d64b5d1d78d1d245352824a03caa6d6b941a4a2c9a2 ae0e316b70faf825002a49947a5ba5ad6d52a06ebab8ccb13307897f66c38dc7 2026-07-04 official
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11 U.S.C. § 703 - Successor trustee

Text

(a) If a trustee dies or resigns during a case, fails to qualify under section 322 of this title, or is removed under section 324 of this title, creditors may elect, in the manner specified in section 702 of this title, a person to fill the vacancy in the office of trustee.

(b) Pending election of a trustee under subsection (a) of this section, if necessary to preserve or prevent loss to the estate, the United States trustee may appoint an interim trustee in the manner specified in section 701(a).

(c) If creditors do not elect a successor trustee under subsection (a) of this section or if a trustee is needed in a case reopened under section 350 of this title, then the United States trustee—

(1) shall appoint one disinterested person that is a member of the panel of private trustees established under section 586(a)(1) of title 28 to serve as trustee in the case; or

(2) may, if none of the disinterested members of such panel is willing to serve as trustee, serve as trustee in the case.

(Pub. L. 95598, Nov. 6, 1978, 92 Stat. 2605; Pub. L. 98353, title III, § 473, July 10, 1984, 98 Stat. 381; Pub. L. 99554, title II, § 216, Oct. 27, 1986, 100 Stat. 3100.)

Notes

Historical and Revision Notes

senate report no. 95989If the office of trustee becomes vacant during the case, this section makes provision for the selection of a successor trustee. The office might become vacant through death, resignation, removal, failure to qualify under section 322 by posting bond, or the reopening of a case. If it does, creditors may elect a successor in the same manner as they may elect a trustee under the previous section. Pending the election of a successor, the court may appoint an interim trustee in the usual manner if necessary to preserve or prevent loss to the estate. If creditors do not elect a successor, or if a trustee is needed in a reopened case, then the court appoints a disinterested member of the panel of private trustees to serve.

Editorial Notes

Amendments1986—Subsec. (b). Pub. L. 99554 amended subsec. (b) generally, substituting “the United States trustee may appoint” for “the court may appoint” and “manner specified in section 701(a)” for “manner and subject to the provisions of section 701 of this title”. Subsec. (c). Pub. L. 99554 amended subsec. (c) generally, substituting “this section or” for “this section, or”, “then the United States trustee” for “then the court”, designating part of existing provisions as par. (1), and, as so designated, substituting “586(a)(1)” for “604(f)”, “in the case; or” for “in the case.”, and adding par. (2). 1984—Subsec. (b). Pub. L. 98353 substituted “and subject to the provisions of section 701 of this title” for “specified in section 701(a) of this title. Sections 701(b) and 701(c) of this title apply to such interim trustee”.

Statutory Notes and Related Subsidiaries

Effective Date of 1986 AmendmentEffective date and applicability of amendment by 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.

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.