11 U.S.C. § 508
Effect of distribution other than under this title
United States · Title 11 — BANKRUPTCY · Status: effective
Cite this
- Citation
- 11 U.S.C. § 508, Effect of distribution other than under this title, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/436795
- Permanent ID
ys:prov:436795@1- SHA-256
fcdb0efcdfdcdb3261bc476d2a53d188b052ade057dce887fabf73fb88bedbde
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
If a creditor of a partnership debtor receives, from a general partner that is not a debtor in a case under chapter 7 of this title, payment of, or a transfer of property on account of, a claim that is allowed under this title and that is not secured by a lien on property of such partner, such creditor may not receive any payment under this title on account of such claim until each of the other holders of claims on account of which such holders are entitled to share equally with such creditor under this title has received payment under this title equal in value to the consideration received by such creditor from such general partner.
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- A bill to establish a uniform law on the subject of bankruptcies.House: no recorded tallySenate: no recorded tally
- Bankruptcy Abuse Prevention and Consumer Protection Act of 2005