11 USC 1227 - Sec. 1227. Effect of confirmation

11 USC - U.S. Code - Title 11: Bankruptcy (January 2004)


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Text:

  (a) Except as provided in section 1228(a) of this title, the provisions of a confirmed plan bind the debtor, each creditor, each equity security holder, and each general partner in the debtor, whether or not the claim of such creditor, such equity security holder, or such general partner in the debtor is provided for by the plan, and whether or not such creditor, such equity security holder, or such general partner in the debtor has objected to, has accepted, or has rejected the plan. (b) Except as otherwise provided in the plan or the order confirming the plan, the confirmation of a plan vests all of the property of the estate in the debtor. (c) Except as provided in section 1228(a) of this title and except as otherwise provided in the plan or in the order confirming the plan, the property vesting in the debtor under subsection (b) of this section is free and clear of any claim or interest of any creditor provided for by the plan.


Termination Of Section

For termination of reenactment of this section by section 149(a) of Pub. L. 105-277, as amended, see Repeal, Reenactment, and Termination of Chapter note set out under section 1201 of this title.

Codification

For repeal of section effective Oct. 1, 1998, and subsequent reenactment of section for specific periods, see note set out preceding section 1201 of this title.

Section Referred To In Other Sections

This section is referred to in section 106 of this title.

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