Alhambra Bankruptcy Attorney, Bankruptcy Lawyer, Bankruptcy Code 11 USC Section 941

TITLE 11 - BANKRUPTCY
CHAPTER 9 - ADJUSTMENT OF DEBTS OF A MUNICIPALITY
    SUBCHAPTER III - THE PLAN

-HEAD-
    Sec. 941. Filing of plan

-STATUTE-
      The debtor shall file a plan for the adjustment of the debtor's
    debts. If such a plan is not filed with the petition, the debtor
    shall file such a plan at such later time as the court fixes.

-SOURCE-
    (Pub. L. 95-598, Nov. 6, 1978, 92 Stat. 2624.)


                       HISTORICAL AND REVISION NOTES                   

                         SENATE REPORT NO. 95-989                     
      Section 941 gives the debtor the exclusive right to propose a
    plan, and directs that the debtor propose one either with the
    petition or within such time as the court directs. The section
    follows section 90(a) of current law [section 410(a) of former
    title 11].

-End-

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