11 USC 1195: Transactions with professionals
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11 USC 1195: Transactions with professionals Text contains those laws in effect on December 24, 2024
From Title 11-BANKRUPTCYCHAPTER 11-REORGANIZATIONSUBCHAPTER V-SMALL BUSINESS DEBTOR REORGANIZATION

§1195. Transactions with professionals

Notwithstanding section 327(a) of this title, a person is not disqualified for employment under section 327 of this title, by a debtor solely because that person holds a claim of less than $10,000 that arose prior to commencement of the case.

(Added Pub. L. 116–54, §2(a), Aug. 23, 2019, 133 Stat. 1084 .)


Statutory Notes and Related Subsidiaries

Effective Date

Section effective 180 days after Aug. 23, 2019, see section 5 of Pub. L. 116–54, set out as an Effective Date of 2019 Amendment note under section 101 of this title.