WHAT THE LAW DOINCongress, in plain words

The law › Title 11, Bankruptcy › Chapter 5

11 U.S.C. 506: Determination of secured status

Created in 1978 by Public Law 95-598. Changed by 2 later laws. 1 bill in this Congress would change it.

4 other sections of the Code cite this one, including 11 U.S.C. 349, 11 U.S.C. 522, 11 U.S.C. 551, 11 U.S.C. 1111.

This Congress

  • H.R. 10595 Stop Wall Street Looting Act · introduced · would change (c)

How it got here

2005

  • Pub. L. 109–8, §327, designated existing provisions as par. (1) and added par. (2). (Bankruptcy Abuse Prevention and Consumer Protection Act of 2005) Law text · (a)
  • Pub. L. 109–8, §712(d)(1), inserted "or State statute" after "agreement". (Bankruptcy Abuse Prevention and Consumer Protection Act of 2005) Law text · (b)
  • Pub. L. 109–8, §712(d)(2), inserted ", including the payment of all ad valorem property taxes with respect to the property" before period at end. (Bankruptcy Abuse Prevention and Consumer Protection Act of 2005) Law text · (c)

1984

  • Pub. L. 98–353, §448(a), inserted "for" after "provided". · (b)
  • Pub. L. 98–353, §448(b), substituted "such claim was disallowed only under section 502(b)(5) or 502(e) of this title" for "a party in interest has not requested that the court determine and allow or disallow such claim under section 502 of this title". · (d)
  • Pub. L. 98–353, §448(b), substituted "such claim is not an allowed secured claim due only to the failure of any entity to file a proof of such claim under section 501 of this title" for "such claim was disallowed only under section 502(e) of this title". · (d)

Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.