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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. § 767 Commodity broker liquidation and forward contract merchants, commodity brokers, stockbrokers, financial institutions, financial participants, securities clearing agencies, swap participants, repo participants, and master netting agreement participants us united_states_code code_section 11 BANKRUPTCY 7 LIQUIDATION 767 11 U.S.C. § 767 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/s767 data/legal/raw/us/code/title-11/usc11.xml 776b36fe51d33f17dd4c52d3443dec9e68eef5409e3f04237707c1eba496c88e 49b32bf784de01de21874d64b5d1d78d1d245352824a03caa6d6b941a4a2c9a2 ba6f5276206e809ebf54e72dcc30ab33436e8a457fc7b1658806918c841d9109 2026-07-04 official
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11 U.S.C. § 767 - Commodity broker liquidation and forward contract merchants, commodity brokers, stockbrokers, financial institutions, financial participants, securities clearing agencies, swap participants, repo participants, and master netting agreement participants

Text

Notwithstanding any other provision of this title, the exercise of rights by a forward contract merchant, commodity broker, stockbroker, financial institution, financial participant, securities clearing agency, swap participant, repo participant, or master netting agreement participant under this title shall not affect the priority of any unsecured claim it may have after the exercise of such rights.

(Added Pub. L. 1098, title IX, § 907(l), Apr. 20, 2005, 119 Stat. 181.)

Notes

Statutory Notes and Related Subsidiaries

Effective DateSection 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 an Effective Date of 2005 Amendment note under section 101 of this title.