Title 11BankruptcyRelease 119-73

§1143 Distribution

Title 11 › Chapter CHAPTER 11— - REORGANIZATION › Subchapter SUBCHAPTER III— - POSTCONFIRMATION MATTERS › § 1143

Last updated Apr 6, 2026|Official source

Summary

If a plan requires presenting or surrendering a security or doing some other act to get distributions, you must do that within five years after the confirmation order. If you don’t do it in time, you cannot receive distributions.

Full Legal Text

Title 11, §1143

Bankruptcy — Source: USLM XML via OLRC

If a plan requires presentment or surrender of a security or the performance of any other act as a condition to participation in distribution under the plan, such action shall be taken not later than five years after the date of the entry of the order of confirmation. Any entity that has not within such time presented or surrendered such entity’s security or taken any such other action that the plan requires may not participate in distribution under the plan.

Legislative History

Notes & Related Subsidiaries

Historical and Revision Notes

senate report no. 95–989

section 1143 fixes a 5-year limitation on presentment or surrender of securities or the performance of any other act that is a condition to participation in distribution under the plan. The 5 years runs from the date of the entry of the order of confirmation. Any entity that does not take the appropriate action with the 5-year period is barred from participation in the distribution under the plan.

Reference

Citations & Metadata

Citation

11 U.S.C. § 1143

Title 11Bankruptcy

Last Updated

Apr 6, 2026

Release point: 119-73