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U.S Code last checked for updates: Nov 22, 2024
All Titles
Title 11
Chapter 7
Subchapter I
§ 704. Duties of trustee...
§ 706. Conversion...
§ 704. Duties of trustee...
§ 706. Conversion...
U.S. Code
Notes
§ 705.
Creditors’ committee
(a)
At the meeting under
section 341(a) of this title
, creditors that may vote for a trustee under
section 702(a) of this title
may elect a committee of not fewer than three, and not more than eleven, creditors, each of whom holds an allowable unsecured claim of a kind entitled to distribution under
section 726(a)(2) of this title
.
(b)
A committee elected under subsection (a) of this section may consult with the trustee or the United States trustee in connection with the administration of the estate, make recommendations to the trustee or the United States trustee respecting the performance of the trustee’s duties, and submit to the court or the United States trustee any question affecting the administration of the estate.
(
Pub. L. 95–598
,
Nov. 6, 1978
,
92 Stat. 2605
;
Pub. L. 99–554, title II, § 218
,
Oct. 27, 1986
,
100 Stat. 3100
.)
cite as:
11 USC 705
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