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.

Introduced 1973-01-31· Sponsored by Rep. Rodino, Peter W., Jr. [D-NJ-10]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on the Judiciary.(1973-01-31)

Plain Language Summary

[AI summary unavailable — showing source text] 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