Statute

11 U.S.C. § 1203

Rights and powers of debtor

US · USCActive

Statutory text

11 U.S.C. § 1203

Subject to such limitations as the court may prescribe, a debtor in possession shall have all the rights, other than the right to compensation under section 330, and powers, and shall perform all the functions and duties, except the duties specified in paragraphs (3) and (4) of section 1106(a), of a trustee serving in a case under chapter 11, including operating the debtor’s farm or commercial fishing operation.

Notice

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Details

Status: Active
Jurisdiction: US · USC
Current through: 2026
Source credit: (Added and amended Pub. L. 99–554, title II, § 255 , title III, § 302(f), Oct. 27, 1986 , 100 Stat. 3107 , 3124; Pub. L. 103–65, § 1 , Aug. 6, 1993 , 107 Stat. 311 ; Pub. L. 105–277, div. C, title I, § 149(a) , Oct. 21, 1998 , 112 Stat. 2681–610 ; Pub. L. 106–5, § 1(1) , (2), Mar. 30, 1999 , 113 Stat. 9 ; Pub. L. 106–70, § 1 , Oct. 9, 1999 , 113 Stat. 1031 ; Pub. L. 107–8, § 1 , May 11, 2001 , 115 Stat. 10 ; Pub. L. 107–17, § 1 , June 26, 2001 , 115 Stat. 151 ; Pub. L. 107–170, § 1 , May 7, 2002 , 116 Stat. 133 ; Pub. L. 107–171, title X, § 10814(a) , May 13, 2002 , 116 Stat. 532 ; Pub. L. 107–377, § 2(a) , Dec. 19, 2002 , 116 Stat. 3115 ; Pub. L. 108–73, § 2(a) , Aug. 15, 2003 , 117 Stat. 891 ; Pub. L. 108–369, § 2(a) , Oct. 25, 2004 , 118 Stat. 1749 ; Pub. L. 109–8, title X , §§ 1001(a)(1), (c), 1007(c)(2), Apr. 20, 2005 , 119 Stat. 185 , 186, 188.)
Section ID: 4108