11 Usc Section 362
Held by the secretary of transportation under chapter 537 of title 46 or section 109 of title 49 or under applicable state law.
11 usc section 362. This section gives debtors protection from a cut off of service by a utility because of the filing of a bankruptcy case. This section is intended to cover utilities that have some special position with respect to the debtor such as an electric company gas supplier or telephone company that is a monopoly in the area so that the debtor cannot easily obtain comparable service from another utility. Under section 362 d 1 of the house amendment the court may terminate annul modify or condition the automatic stay for cause including lack of adequate protection of an interest in property of a secured party.
The stay under section 362 and the injunction under section 524 a 2 shall not be violated by notification of the debtor and negotiation of cure under this subsection. Amendment by section 2120 b of pub. Section 362 d of the house amendment represents a compromise between comparable provisions in the house bill and senate amendment.
11 usc 362. 94 455 applicable to contributions made after jan. Bankruptcy 11 usca section 362.
Automatic stay automatic stay a except as provided in subsection b of this section a petition filed under section 301 302 or 303 of this title or an application filed under section 5 a 3 of the securities investor protection act of 1970 operates as a stay applicable to all entities of. Read the code on findlaw. 11 usc 362 automatic stay a except as provided in subsection b of this section.
Under section 362 d 1 of the house amendment the court may terminate annul modify or condition the automatic stay for cause including lack of adequate protection of an interest in property of a secured party. 99 514 set out as a note under section 118 of this title.