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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. § 1122 Classification of claims or interests us united_states_code code_section 11 BANKRUPTCY 11 REORGANIZATION 1122 11 U.S.C. § 1122 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/s1122 data/legal/raw/us/code/title-11/usc11.xml b2f8c3a38a831428e1421a13643203adabeb96be96d7d6a0bc5bbfe44f189496 49b32bf784de01de21874d64b5d1d78d1d245352824a03caa6d6b941a4a2c9a2 35f45c15a3e6ffec61eb84e16cfe5f47717cfac16410e0ac9e6ed880b5ca1708 2026-07-04 official
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11 U.S.C. § 1122 - Classification of claims or interests

Text

(a) Except as provided in subsection (b) of this section, a plan may place a claim or an interest in a particular class only if such claim or interest is substantially similar to the other claims or interests of such class.

(b) A plan may designate a separate class of claims consisting only of every unsecured claim that is less than or reduced to an amount that the court approves as reasonable and necessary for administrative convenience.

(Pub. L. 95598, Nov. 6, 1978, 92 Stat. 2631.)

Notes

Historical and Revision Notes

senate report no. 95989This section codifies current case law surrounding the classification of claims and equity securities. It requires classification based on the nature of the claims or interests classified, and permits inclusion of claims or interests in a particular class only if the claim or interest being included is substantially similar to the other claims or interests of the class. Subsection (b), also a codification of existing practice, contains an exception. The plan may designate a separate class of claims consisting only of every unsecured claim that is less than or reduced to an amount that the court approves as reasonable and necessary for administrative convenience.