§ 928. Post petition effect of security interest

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.

1. 1988

   Pub. L. 100–597 § 8 · 102 Stat. 3028

   Enacted · 11 U.S.C. § 928

   (Added Pub. L. 100–597, § 8, Nov. 3, 1988, 102 Stat. 3029.)

   Source evidence

   Code source credit
   (Added Pub. L. 100–597, § 8, Nov. 3, 1988, 102 Stat. 3029.)

   Enacted provision · exact public law section
   SEC. 8. POST PETITION EFFECT OF SECURITY INTEREST. Title 11 of the United States Code is amended by inserting after section 927, as added by section 7, the following: “§ 928. Post petition effect of security interest “(a) Notwithstanding section 552(a) of this title and subject to subsection (b) of this section, special revenues acquired by the debtor after the commencement of the case shall remain subject to any lien resulting from any security agreement entered into by the debtor before the commencement of the case. “(b) Any such lien on special revenues, other than municipal betterment assessments, derived from a project or system shall be subject to the necessary operating expenses of such project or system, as the case may be.”.

1 of 1 references resolved to an enrolled provision