Title 11, BankruptcyRelease 119-102
§927 Limitation on Recourse
Title 11 › CHAPTER 9 — ADJUSTMENT OF DEBTS OF A MUNICIPALITY › SUBCHAPTER II — ADMINISTRATION › § 927
Summary
If a claim can only be paid from the debtor’s special revenues under other law, it is not treated as a recourse claim under bankruptcy rules.
Full Legal Text
Title 11, §927
Bankruptcy, Source: USLM XML via OLRC
The holder of a claim payable solely from special revenues of the debtor under applicable nonbankruptcy law shall not be treated as having recourse against the debtor on account of such claim pursuant to section 1111(b) of this title.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Prior Provisions
A prior section 927 was renumbered section 930 of this title.
Statutory Notes and Related Subsidiaries
Effective Date
Section effective Nov. 3, 1988, but not applicable to any case commenced under this title before that date, see section 12 of Pub. L. 100–597, set out as an
Effective Date
of 1988 Amendment note under section 101 of this title.
Reference
Citations & Metadata
Citation
11 U.S.C. § 927
Title 11, Bankruptcy
Last Updated
Aug 21, 2026
Release point: 119-102