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(a)
Except as provided in subsection
(c) or
(d) of
this section, an
entity, other than a
custodian, in possession, custody, or control, during
the case, of property that the trustee may use, sell, or
lease under section
363 of this title, or that the
debtor may exempt under section
522 of this title, shall deliver to the trustee, and
account for, such property or the value of such property,
unless such property is of inconsequential value or benefit
to the estate.
(b)
Except as provided in subsection
(c) or
(d) of
this section, an
entity that owes a
debt that is property of the estate and that is matured,
payable on demand, or payable on order, shall pay such
debt to, or on the order of, the trustee, except to
the extent that such
debt may be offset under section
553 of this title against a
claim against the debtor.
(c)
Except as provided in section
362(a)(7) of this title, an
entity that has neither actual notice nor actual knowledge
of the commencement of the case concerning the
debtor may
transfer property of the estate, or pay a
debt owing to the
debtor, in good faith and other than in the manner specified
in subsection
(d) of
this section, to an
entity other than the trustee, with the same effect
as to the
entity making such
transfer or payment as if the case under this title
concerning the
debtor had not been commenced.
(d)
A life insurance company may
transfer property of the estate or property of the
debtor to such company in good faith, with the same
effect with respect to such company as if the case under
this title concerning the
debtor had not been commenced, if such
transfer is to pay a premium or to carry out a nonforfeiture
insurance option, and is required to be made automatically,
under a life insurance contract with such company that was
entered into before the date of the filing of the
petition and that is property of the estate.
(e)
Subject to any applicable privilege,
after notice and a hearing, the court may order an
attorney,
accountant, or other
person that holds recorded information, including books,
documents, records, and papers, relating to the
debtor's property or financial affairs, to turn over
or disclose such recorded information to the trustee.
(Pub. L. 95-598, Nov. 6, 1978, 92 Stat. 2595; Pub.
L. 98-353, title III, § 457, July 10, 1984, 98 Stat.
376; Pub. L.
103-394, title V, § 501(d)(16), Oct. 22, 1994,
108 Stat. 4146.)
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