11 U.S.C. § 762

Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)

Section 762 - Notice to the Commission and right to be heard

(a) The clerk shall give the notice required by section 342 of this title to the Commission.

(b) The Commission may raise and may appear and be heard on any issue in a case under this chapter.

11 U.S.C. § 762

Pub. L. 95-598, Nov. 6, 1978, 92 Stat. 2618.

HISTORICAL AND REVISION NOTES

SENATE REPORT NO. 95-989Section 762 provides that the Commission shall be given such notice as is appropriate of an order for relief in a bankruptcy case and that the Commission may raise and may appear and may be heard on any issue in case involving a commodity broker liquidation.

commodity broker

The term "commodity broker" means futures commission merchant, foreign futures commission merchant, clearing organization, leverage transaction merchant, or commodity options dealer, as defined in section 761 of this title, with respect to which there is a customer, as defined in section 761 of this title.