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11 U.S.C. § 701 - U.S. Code - Unannotated Title 11. Bankruptcy § 701. Interim trustee

Current as of January 01, 2024 | Updated by Findlaw Staff

(a)(1) Promptly after the order for relief under this chapter, the United States trustee shall appoint one disinterested person that is a member of the panel of private trustees established under section 586(a)(1) of title 28 or that is serving as trustee in the case immediately before the order for relief under this chapter to serve as interim trustee in the case.

(2) If none of the members of such panel is willing to serve as interim trustee in the case, then the United States trustee may serve as interim trustee in the case.

(b) The service of an interim trustee under this section terminates when a trustee elected or designated under section 702 of this title to serve as trustee in the case qualifies under section 322 of this title.

(c) An interim trustee serving under this section is a trustee in a case under this title.

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Cite this article: FindLaw.com - 11 U.S.C. § 701 - U.S. Code - Unannotated Title 11. Bankruptcy § 701. Interim trustee - last updated January 01, 2024 | https://codes.findlaw.com/us/title-11-bankruptcy/11-usc-sect-701/

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