Section 176.1 Section 307—vesting of after-acquired property

| Commentary

176 After-acquired property

After-acquired property is any property which is acquired by, or has devolved upon, the bankrupt after the commencement of the bankruptcy1. Such property vests in the trustee if they serve a notice in writing claiming it2. Except with the permission of

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisNexis or register for a free trial