11 USC 323: Role and capacity of trustee
Text contains those laws in effect on November 24, 2024
From Title 11-BANKRUPTCYCHAPTER 3-CASE ADMINISTRATIONSUBCHAPTER II-OFFICERS
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§323. Role and capacity of trustee
(a) The trustee in a case under this title is the representative of the estate.
(b) The trustee in a case under this title has capacity to sue and be sued.
(
Historical and Revision Notes
senate report no. 95–989
Subsection (a) of this section makes the trustee the representative of the estate. Subsection (b) grants the trustee the capacity to sue and to be sued. If the debtor remains in possession in a chapter 11 case, section 1107 gives the debtor in possession these rights of the trustee: the debtor in possession becomes the representative of the estate, and may sue and be sued. The same applies in a chapter 13 case.