Title 11 — Bankruptcy
Chapter 9 — Adjustment of Debts of a Municipality
§ 927. Limitation on recourse
Statutory text
The holder of a claim payable solely from special revenues of the debtor under applicable nonbankruptcy law shall not be treated as having recourse against the debtor on account of such claim pursuant to section 1111(b) of this title.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 100–597 § 7(2) · 102 Stat. 3028
Enacted · 11 U.S.C. § 927
(Added Pub. L. 100–597, § 7(2), Nov. 3, 1988, 102 Stat. 3029.)
Source evidence
Code source credit
(Added Pub. L. 100–597, § 7(2), Nov. 3, 1988, 102 Stat. 3029.)Enacted provision · exact public law section
(2) by inserting after section 926 the following: “§ 927. Limitation on recourse “The holder of a claim payable solely from special revenues of the debtor under applicable nonbankruptcy law shall not be treated as having recourse against the debtor on account of such claim pursuant to section 1111(b) of this title.”.
1 of 1 references resolved to an enrolled provision
Editorial Notes
Prior Provisions
A prior section 927 was renumbered section 930 of this title.
Statutory Notes and Related Subsidiaries
Effective Date
Section effective , but not applicable to any case commenced under this title before that date, see section 12 of Pub. L. 100–597, set out as an Effective Date of 1988 Amendment note under section 101 of this title.
Credits
(Added Pub. L. 100–597, § 7(2), , 102 Stat. 3029.)