San Marino Bankruptcy Attorney, Bankruptcy Lawyer, Bankruptcy Code 11 USC Section 927

TITLE 11 - BANKRUPTCY
CHAPTER 9 - ADJUSTMENT OF DEBTS OF A MUNICIPALITY
    SUBCHAPTER II - ADMINISTRATION

-HEAD-
    Sec. 927. Limitation on recourse

-STATUTE-
      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.

-SOURCE-
    (Added Pub. L. 100-597, Sec. 7(2), Nov. 3, 1988, 102 Stat. 3029.)


                             PRIOR PROVISIONS                         
      A prior section 927 was renumbered section 930 of this title.

                              EFFECTIVE DATE                          
      Section effective Nov. 3, 1988, 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.

-End-

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