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§ 753. Stockbroker liquidation and forward contract merchants, commodity brokers, stockbrokers, financial institutions, financial participants, securities clearing agencies, swap participants, repo participants, and master netting agreement participants
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Notwithstanding
any other provision of this title, the exercise of rights by a
forward contract
merchant,
commodity broker,
stockbroker,
financial institution,
financial participant,
securities
clearing agency,
swap participant,
repo participant,
or
master netting
agreement participant under this title shall not affect the priority
of any unsecured
claim it may have
after the exercise of such rights.
(Added Pub. L.
109-8, Title IX, § 907(m), April 20, 2005,
119 Stat. 181.)
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©2005-2013 - WEBER LAW FIRM, P.C. - All
Rights Reserved
Page Last Updated:
June 17, 2013
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