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11 U.S.C. · Bankruptcy
11 U.S.C. § 1122

Classification of claims or interests

Ch. 11 — REORGANIZATION
Title 11 U.S.C. ● ACTIVE Primary Source Ch. 11
Statutory Text

11 U.S.C. § 1122 — Classification of claims or interests

U.S.C. Title 11 - BANKRUPTCY 11 U.S.C. United States Code, 2023 Edition Title 11 - BANKRUPTCY CHAPTER 11 - REORGANIZATION SUBCHAPTER II - THE PLAN Sec. 1122 - Classification of claims or interests From the U.S. Government Publishing Office, www.gpo.gov

§1122. Classification of claims or interests

(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. 95–598, Nov. 6, 1978, 92 Stat. 2631.)

Historical and Revision Notes senate report no. 95–989 This 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.

Source: uscode.house.gov — public domain Official Source ↗
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BS-USC11-SEC-CF45C8
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boisestandard.org
Citation
11 U.S.C. § 1122
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The statutory text of 11 U.S.C. § 1122 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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← 11 U.S.C. § 1121 11 U.S.C. § 1123 →
Ch. 11 — REORGANIZATION
11 U.S.C. § 110111 U.S.C. § 110211 U.S.C. § 110311 U.S.C. § 110411 U.S.C. § 110511 U.S.C. § 110611 U.S.C. § 110711 U.S.C. § 110811 U.S.C. § 110911 U.S.C. § 111011 U.S.C. § 111111 U.S.C. § 111211 U.S.C. § 111311 U.S.C. § 111411 U.S.C. § 111511 U.S.C. § 111611 U.S.C. § 112111 U.S.C. § 112211 U.S.C. § 112311 U.S.C. § 112411 U.S.C. § 112511 U.S.C. § 112611 U.S.C. § 112711 U.S.C. § 112811 U.S.C. § 112911 U.S.C. § 114111 U.S.C. § 114211 U.S.C. § 114311 U.S.C. § 114411 U.S.C. § 1145
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boisestandard.org → United States → Law → U.S. Code → Title 11 → 11 U.S.C. § 1122