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11 U.S.C. § 763

Title 11 Chapter 7 Current through PL 119-73 Last updated: March 29, 2026 View on OLRC →
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§ 763. Treatment of accounts

  • (a) Accounts held by the debtor for a particular customer in separate capacities shall be treated as accounts of separate customers.
  • (b) A member of a clearing organization shall be deemed to hold such member’s proprietary account in a separate capacity from such member’s customers’ account.
  • (c) The net equity in a customer’s account may not be offset against the net equity in the account of any other customer.

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