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LegalText 11 U.S.C. § 1206 Sales free of interests us united_states_code code_section 11 BANKRUPTCY 12 ADJUSTMENT OF DEBTS OF A FAMILY FARMER OR FISHERMAN WITH REGULAR ANNUAL INCOME 1206 11 U.S.C. § 1206 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/s1206 data/legal/raw/us/code/title-11/usc11.xml 192b26aa9a5034649f22747bdef29faa57187e24a01ed8838ef5c6c3bd79ffd5 49b32bf784de01de21874d64b5d1d78d1d245352824a03caa6d6b941a4a2c9a2 aece38cb8e0680ed0b659b23e1fab1fa438b800a1761b2bd9585add898ff058d 2026-07-04 official
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11 U.S.C. § 1206 - Sales free of interests

Text

After notice and a hearing, in addition to the authorization contained in section 363(f), the trustee in a case under this chapter may sell property under section 363(b) and (c) free and clear of any interest in such property of an entity other than the estate if the property is farmland, farm equipment, or property used to carry out a commercial fishing operation (including a commercial fishing vessel), except that the proceeds of such sale shall be subject to such interest.

(Added and amended Pub. L. 99554, title II, § 255, title III, § 302(f), Oct. 27, 1986, 100 Stat. 3108, 3124; Pub. L. 10365, § 1, Aug. 6, 1993, 107 Stat. 311; Pub. L. 105277, div. C, title I, § 149(a), Oct. 21, 1998, 112 Stat. 2681610; Pub. L. 1065, § 1(1), (2), Mar. 30, 1999, 113 Stat. 9; Pub. L. 10670, § 1, Oct. 9, 1999, 113 Stat. 1031; Pub. L. 1078, § 1, May 11, 2001, 115 Stat. 10; Pub. L. 10717, § 1, June 26, 2001, 115 Stat. 151; Pub. L. 107170, § 1, May 7, 2002, 116 Stat. 133; Pub. L. 107171, title X, § 10814(a), May 13, 2002, 116 Stat. 532; Pub. L. 107377, § 2(a), Dec. 19, 2002, 116 Stat. 3115; Pub. L. 10873, § 2(a), Aug. 15, 2003, 117 Stat. 891; Pub. L. 108369, § 2(a), Oct. 25, 2004, 118 Stat. 1749; Pub. L. 1098, title X, §§ 1001(a)(1), (c), 1007(c)(3), Apr. 20, 2005, 119 Stat. 185, 186, 188.)

Notes

Editorial Notes

Codification For repeal of section effective Oct. 1, 1998, and subsequent reenactment of section, see note set out preceding section 1201 of this title.

Amendments2005—Pub. L. 1098, § 1007(c)(3), substituted “if the property is farmland, farm equipment, or property used to carry out a commercial fishing operation (including a commercial fishing vessel)” for “if the property is farmland or farm equipment”.

Statutory Notes and Related Subsidiaries

Effective Date of 2005 AmendmentAmendment by section 1007(c)(3) of Pub. L. 1098 effective 180 days after Apr. 20, 2005, and not applicable with respect to cases commenced under this title before such effective date, except as otherwise provided, see section 1501 of Pub. L. 1098, set out as a note under section 101 of this title.

Effective DatesPermanent reenactment of section effective July 1, 2005, see section 1001(a)(2) of Pub. L. 1098, set out as a Repeal, Reenactment, and Termination of Chapter note under section 1201 of this title. For effective dates of section and amendments extending periods for which section was reenacted prior to permanent reenactment, see Effective Date and Effective Date of 1999, 2001, 2002, 2003, and 2004 Amendment notes set out under section 1201 of this title.