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U.S Code last checked for updates: Nov 22, 2024
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Title 11
Chapter 5
Subchapter I
§ 510. Subordination...
Subchapter II - DEBTOR’S DUTIES ...
§ 510. Subordination...
Subchapter II - DEBTOR’S DUTIES ...
U.S. Code
Notes
§ 511.
Rate of interest on tax claims
(a)
If any provision of this title requires the payment of interest on a tax claim or on an administrative expense tax, or the payment of interest to enable a creditor to receive the present value of the allowed amount of a tax claim, the rate of interest shall be the rate determined under applicable nonbankruptcy law.
(b)
In the case of taxes paid under a confirmed plan under this title, the rate of interest shall be determined as of the calendar month in which the plan is confirmed.
(Added
Pub. L. 109–8, title VII, § 704(a)
,
Apr. 20, 2005
,
119 Stat. 125
.)
cite as:
11 USC 511
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