H.R. 2058 — To amend title 11 of the United States Code with respect to the distribution of securities under a plan under chapter 11 of such title.

Summary

Amends Federal bankruptcy law to provide that if a bankruptcy reorganization plan requires the distribution of a security with respect to an allowed claim, then its fair market value shall be conclusively presumed to be equal to the amount of that claim.

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Legislative Actions

1993-05-11
Introduced in House
1993-05-11
Introduced in House
1993-05-11
Referred to the House Committee on Judiciary.
1993-05-13
Referred to the Subcommittee on Economic and Commercial Law.

To amend title 11 of the United States Code with respect to the distribution of securities under a plan under chapter 11 of such title.

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