Duarte Bankruptcy Attorney, Bankruptcy Lawyer, Bankruptcy Code 11 USC Section 782

TITLE 11 - BANKRUPTCY
CHAPTER 7 - LIQUIDATION
    SUBCHAPTER V - CLEARING BANK LIQUIDATION

-HEAD-
    Sec. 782. Selection of trustee

-STATUTE-
      (a) In General. - 
        (1) Appointment. - Notwithstanding any other provision of this
      title, the conservator or receiver who files the petition shall
      be the trustee under this chapter, unless the Board designates an
      alternative trustee.
        (2) Successor. - The Board may designate a successor trustee if
      required.

      (b) Authority of Trustee. - Whenever the Board appoints or
    designates a trustee, chapter 3 and sections 704 and 705 of this
    title shall apply to the Board in the same way and to the same
    extent that they apply to a United States trustee.

-SOURCE-
    (Added Pub. L. 106-554, Sec. 1(a)(5) [title I, Sec. 112(c)(5)(B)],
    Dec. 21, 2000, 114 Stat. 2763, 2763A-394.)

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