HR 3488 · 93th Congress ·
A bill to amend section 48 of the Bankruptcy Act (11 U.S.C. 76) to increase the maximum compensation allowable to receivers and trustees.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on the Judiciary.(1973-01-31)
Plain Language Summary
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Increases the maximum compensation of: (1) receivers appointed in bankruptcy proceedings and serving as mere custodians; (2) receivers serving with full powers; and (3) trustees in bankruptcy not conducting the business of the bankrupt. Specifies the maximum compensation and rates to be paid to each of these individuals. (Amends 11 U.S.C. 76a(1),(2); 76c(1))…
Summarized by Claude AI · Non-partisan · For informational purposes only