Source: https://codes.findlaw.com/us/title-11-bankruptcy/11-usc-sect-363.html
Timestamp: 2019-10-21 04:49:46
Document Index: 25850570

Matched Legal Cases: ['§ 363', '§ 363', '§ 363', '§ 363', '§ 363', '§ 363']

11 U.S.C. § 363 - U.S. Code Title 11. Bankruptcy § 363 | FindLaw
11 U.S.C. § 363 - U.S. Code - Unannotated Title 11. Bankruptcy § 363. Use, sale, or lease of property
(b)(1) The trustee, after notice and a hearing, may use, sell, or lease, other than in the ordinary course of business, property of the estate, except that if the debtor in connection with offering a product or a service discloses to an individual a policy prohibiting the transfer of personally identifiable information about individuals to persons that are not affiliated with the debtor and if such policy is in effect on the date of the commencement of the case, then the trustee may not sell or lease personally identifiable information to any person unless--
(B) after appointment of a consumer privacy ombudsman in accordance with section 332 , and after notice and a hearing, the court approves such sale or such lease--
(c)(1) If the business of the debtor is authorized to be operated under section 721 , 1108 , 1203 , 1204 , or 1304 of this title and unless the court orders otherwise, the trustee may enter into transactions, including the sale or lease of property of the estate, in the ordinary course of business, without notice or a hearing, and may use property of the estate in the ordinary course of business without notice or a hearing.
(d) The trustee may use, sell, or lease property under subsection (b) or (c) of this section--
(2) only to the extent not inconsistent with any relief granted under subsection (c) , (d) , (e) , or (f) of section 362 .
(e) Notwithstanding any other provision of this section, at any time, on request of an entity that has an interest in property used, sold, or leased, or proposed to be used, sold, or leased, by the trustee, the court, with or without a hearing, shall prohibit or condition such use, sale, or lease as is necessary to provide adequate protection of such interest. This subsection also applies to property that is subject to any unexpired lease of personal property (to the exclusion of such property being subject to an order to grant relief from the stay under section 362 ).
(h) Notwithstanding subsection (f) of this section, the trustee may sell both the estate's interest, under subsection (b) or (c) of this section, and the interest of any co-owner in property in which the debtor had, at the time of the commencement of the case, an undivided interest as a tenant in common, joint tenant, or tenant by the entirety, only if--
(l) Subject to the provisions of section 365 , the trustee may use, sell, or lease property under subsection (b) or (c) of this section, or a plan under chapter 11, 12, or 13 of this title may provide for the use, sale, or lease of property, notwithstanding any provision in a contract, a lease, or applicable law that is conditioned on the insolvency or financial condition of the debtor, on the commencement of a case under this title concerning the debtor, or on the appointment of or the taking possession by a trustee in a case under this title or a custodian, and that effects, or gives an option to effect, a forfeiture, modification, or termination of the debtor's interest in such property.
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