Alhambra Bankruptcy Attorney, Bankruptcy Lawyer, Bankruptcy Code 11 USC Section 511

TITLE 11 - BANKRUPTCY
CHAPTER 5 - CREDITORS, THE DEBTOR, AND THE ESTATE
    SUBCHAPTER I - CREDITORS AND CLAIMS

-HEAD-
    Sec. 511. Rate of interest on tax claims

-STATUTE-
      (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.

-SOURCE-
    (Added Pub. L. 109-8, title VII, Sec. 704(a), Apr. 20, 2005, 119
    Stat. 125.)


                              EFFECTIVE DATE                          
      Section effective 180 days after Apr. 20, 2005, and not
    applicable with respect to cases commenced under this title before
    such effective date, except as otherwise provided, see section 1501
    of Pub. L. 109-8, set out as an Effective Date of 2005 Amendment
    note under section 101 of this title.

-End-
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