Subject to such limitations as the court may prescribe, a debtor in possession shall have all the rights, other than the right to compensation under section 330, and powers, and shall perform all the functions and duties, except the duties specified in paragraphs (3) and (4) of section 1106(a), of a trustee serving in a case under chapter 11, including operating the debtor’s farm or commercial fishing operation.
Pub. L. 99–554, title II, § 255100 Stat. 3107 Pub. L. 103–65, § 1107 Stat. 311 Pub. L. 105–277, div. C, title I, § 149(a)112 Stat. 2681–610 Pub. L. 106–5, § 1(1)113 Stat. 9 Pub. L. 106–70, § 1113 Stat. 1031 Pub. L. 107–8, § 1115 Stat. 10 Pub. L. 107–17, § 1115 Stat. 151 Pub. L. 107–170, § 1116 Stat. 133 Pub. L. 107–171, title X, § 10814(a)116 Stat. 532 Pub. L. 107–377, § 2(a)116 Stat. 3115 Pub. L. 108–73, § 2(a)117 Stat. 891 Pub. L. 108–369, § 2(a)118 Stat. 1749 Pub. L. 109–8, title X119 Stat. 185 (Added and amended , title III, § 302(f), , , 3124; , , ; , , ; , (2), , ; , , ; , , ; , , ; , , ; , , ; , , ; , , ; , , ; , §§ 1001(a)(1), (c), 1007(c)(2), , , 186, 188.)
Editorial Notes
Codification
section 1201 of this titleFor repeal of section effective , and subsequent reenactment of section, see note set out preceding .
Amendments
Pub. L. 109–8, § 1007(c)(2)2005—, inserted “or commercial fishing operation” after “farm”.
Statutory Notes and Related Subsidiaries
Effective Date of 2005 Amendment
section 1007(c)(2) of Pub. L. 109–8section 1501 of Pub. L. 109–8section 101 of this titleAmendment by effective 180 days after , and not applicable with respect to cases commenced under this title before such effective date, except as otherwise provided, see , set out as a note under .
Effective Dates
section 1001(a)(2) of Pub. L. 109–8section 1201 of this titlesection 1201 of this titlePermanent reenactment of section effective , see , set out as a Repeal, Reenactment, and Termination of Chapter note under . For effective dates of section and amendments extending periods for which section was reenacted prior to permanent reenactment, see Effective Date and Effective Date of 1999, 2001, 2002, 2003, and 2004 Amendment notes set out under .