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(a) Authorizing a Blanket Bond. The United States trustee may authorize a blanket bond in the United States’ favor—conditioned on the faithful performance of a trustee’s official duties—to cover:
(1) a person who qualifies as trustee in multiple cases; or
(2) multiple trustees who qualify in a different case.
(b) Proceedings on the Bond. A party in interest may bring a proceeding in the United States’ name on a trustee’s bond for the use of the entity injured by the trustee’s breach of the condition.
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| Article | Date |
|---|---|
| You Have Bills to Pay? Ethics in Getting Paid in Chapter 7, 11 and 13 Cases | 06/05/2013 |
| ABCs of Representing Consumers in Bankruptcy Cases | 09/22/2010 |
