Title 11 — BankruptcyRelease 119-73
§705 Creditors’ committee
Title 11 › Chapter CHAPTER 7— - LIQUIDATION › Subchapter SUBCHAPTER I— - OFFICERS AND ADMINISTRATION › § 705
Summary
At the creditors’ meeting, those who can vote for a trustee may pick a committee of 3 to 11 creditors who hold allowed unsecured claims that share in distributions. The committee may consult with, advise, or ask the trustee, United States trustee, or the court questions about handling the estate.
Full Legal Text
Title 11, §705
Bankruptcy — Source: USLM XML via OLRC
(a)At the meeting under section 341(a) of this title, creditors that may vote for a trustee under section 702(a) of this title may elect a committee of not fewer than three, and not more than eleven, creditors, each of whom holds an allowable unsecured claim of a kind entitled to distribution under section 726(a)(2) of this title.
(b)A committee elected under subsection (a) of this section may consult with the trustee or the United States trustee in connection with the administration of the estate, make recommendations to the trustee or the United States trustee respecting the performance of the trustee’s duties, and submit to the court or the United States trustee any question affecting the administration of the estate.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Legislative Statements
section 705(a) of the House amendment adopts a provision contained in the Senate amendment that limits a committee of creditors to not more than 11; the House bill contained no maximum limitation.
senate report no. 95–989
This section is derived from section 44b of the Bankruptcy Act [section 72(b) of former title 11] without substantial change. It permits election by general unsecured creditors of a committee of not fewer than 3 members and not more than 11 members to consult with the trustee in connection with the administration of the estate, to make recommendations to the trustee respecting the performance of his duties, and to submit to the court any question affecting the administration of the estate. There is no provision for compensation or reimbursement of its counsel.
Editorial Notes
Amendments
1986—Subsec. (b). Pub. L. 99–554 inserted “or the United States trustee” in three places.
Statutory Notes and Related Subsidiaries
Effective Date
of 1986 Amendment
Effective Date
and applicability of amendment by Pub. L. 99–554 dependent upon the judicial district involved, see section 302(d), (e) of Pub. L. 99–554, set out as a note under section 581 of Title 28, Judiciary and Judicial Procedure.
Reference
Citations & Metadata
Citation
11 U.S.C. § 705
Title 11 — Bankruptcy
Last Updated
Apr 6, 2026
Release point: 119-73