United States Code · Section
§ 763 — Treatment Of Accounts
11 U.S.C. § 763
View:
(a) Accounts held by the debtor for a particular customer in separate capacities shall be treated as accounts of separate customers.
(b) A member of a clearing organization shall be deemed to hold such member’s proprietary account in a separate capacity from such member’s customers’ account.
(c) The net equity in a customer’s account may not be offset against the net equity in the account of any other customer.
Implementing Regulations
No implementing regulations found.