11 U.S.C. · Bankruptcy
11 U.S.C. § 1185

Removal of debtor in possession

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

11 U.S.C. § 1185 — Removal of debtor in possession

U.S.C. Title 11 - BANKRUPTCY 11 U.S.C. United States Code, 2023 Edition Title 11 - BANKRUPTCY CHAPTER 11 - REORGANIZATION SUBCHAPTER V - SMALL BUSINESS DEBTOR REORGANIZATION Sec. 1185 - Removal of debtor in possession From the U.S. Government Publishing Office, www.gpo.gov

§1185. Removal of debtor in possession

(a) In General.—On request of a party in interest, and after notice and a hearing, the court shall order that the debtor shall not be a debtor in possession for cause, including fraud, dishonesty, incompetence, or gross mismanagement of the affairs of the debtor, either before or after the date of commencement of the case, or for failure to perform the obligations of the debtor under a plan confirmed under this subchapter. (b) Reinstatement.—On request of a party in interest, and after notice and a hearing, the court may reinstate the debtor in possession.

(Added Pub. L. 116–54, §2(a), Aug. 23, 2019, 133 Stat. 1080.)

Statutory Notes and Related Subsidiaries

Effective Date Section effective 180 days after Aug. 23, 2019, see section 5 of Pub. L. 116–54, set out as an Effective Date of 2019 Amendment note under section 101 of this title.

Source: uscode.house.gov — public domain Official Source ↗
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11 U.S.C. § 1185
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The statutory text of 11 U.S.C. § 1185 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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