Bankruptcy Forms: Filing Bankruptcy Chapter 7 Bankruptcy Software Chapter 13

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TITLE 11–BANKRUPTCY

CHAPTER 11– REORGANIZATION

Sub Chapter III – Postconfirmation Matters

Sec. 1143. Distribution

   If a plan requires presentment or surrender of a security or the 
performance of any other act as a condition to participation in 
distribution under the plan, such action shall be taken not later than 
five years after the date of the entry of the order of confirmation. Any 
entity that has not within such time presented or surrendered such 
entity's security or taken any such other action that the plan requires 
may not participate in distribution under the plan.

(Pub. L. 95-598, Nov. 6, 1978, 92 Stat. 2639.)


                      Historical and Revision Notes

                        senate report no. 95-989

    Section 1143 fixes a 5-year limitation on presentment or surrender 
of securities or the performance of any other act that is a condition to 
participation in distribution under the plan. The 5 years runs from the 
date of the entry of the order of confirmation. Any entity that does not 
take the appropriate action with the 5-year period is barred from 
participation in the distribution under the plan.

                  Section Referred to in Other Sections

    This section is referred to in sections 106, 901 of this title.


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Note: For affordable legal assistance The Center For Debt Management highly recommends Standard Legal's Do-It-Yourself Bankruptcy Forms Software Kits. For credit repair services,
the most trusted law firm in America with over 15 years of experience is Lexington Law Firm.

For more bankruptcy help and bankruptcy alternatives, go to Bankruptcy Resources

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Legal Resource Center: United States Code TITLE 11 Filing Bankruptcy Forms Software