Section-745

TITLE 11 - BANKRUPTCY
CHAPTER 7 - LIQUIDATION
-HEAD-
    Sec. 745. Treatment of accounts
    SUBCHAPTER III - STOCKBROKER LIQUIDATION
-STATUTE-
      (a) Accounts held by the debtor for a particular customer in
    separate capacities shall be treated as accounts of separate
    customers.
      (b) If a stockbroker or a bank holds a customer net equity claim
    against the debtor that arose out of a transaction for a customer
    of such stockbroker or bank, each such customer of such stockbroker
    or bank shall be treated as a separate customer of the debtor.
      (c) Each trustee's account specified as such on the debtor's
    books, and supported by a trust deed filed with, and qualified as
    such by, the Internal Revenue Service, and under the Internal
    Revenue Code of 1986, shall be treated as a separate customer
    account for each beneficiary under such trustee account.

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