Temple City Bankruptcy Attorney, Bankruptcy Lawyer, Bankruptcy Code 11 USC Section 1142

TITLE 11 - BANKRUPTCY
CHAPTER 11 - REORGANIZATION
    SUBCHAPTER III - POSTCONFIRMATION MATTERS

-HEAD-
    Sec. 1142. Implementation of plan

-STATUTE-
      (a) Notwithstanding any otherwise applicable nonbankruptcy law,
    rule, or regulation relating to financial condition, the debtor and
    any entity organized or to be organized for the purpose of carrying
    out the plan shall carry out the plan and shall comply with any
    orders of the court.
      (b) The court may direct the debtor and any other necessary party
    to execute or deliver or to join in the execution or delivery of
    any instrument required to effect a transfer of property dealt with
    by a confirmed plan, and to perform any other act, including the
    satisfaction of any lien, that is necessary for the consummation of
    the plan.

-SOURCE-
    (Pub. L. 95-598, Nov. 6, 1978, 92 Stat. 2639; Pub. L. 98-353, title
    III, Sec. 514(a), (c), (d), July 10, 1984, 98 Stat. 387.)


                                AMENDMENTS                            
      1984 - Pub. L. 98-353, Sec. 514(a), substituted "Implementation"
    for "Execution" in section catchline.
      Subsec. (a). Pub. L. 98-353, Sec. 514(c), struck out the comma
    after "shall carry out the plan".
      Subsec. (b). Pub. L. 98-353, Sec. 514(d), inserted "a" after
    "by".

                     EFFECTIVE DATE OF 1984 AMENDMENT                 
      Amendment by Pub. L. 98-353 effective with respect to cases filed
    90 days after July 10, 1984, see section 552(a) of Pub. L. 98-353,
    set out as a note under section 101 of this title.

-End-
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