Side by Side Comparison Treatment Of McConville
August 2, 2001
August 2, 2001
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S220
Introduced in the Senate January 30, 2001 |
Senate Reported March 1,2001 Senate Passed March 15, 2001 |
Received in the Senate March 5, 2001 |
Automatic Stay: Clarification that postpetition transfers required to be perfected under 549(c) and which are otherwise immune from attack under Sec. 549 would not be void or voidable as made in violation of the automatic stay. |
Sec. 311(a) new paragraph added to 362(a) "(25) under subsection (a) of any transfer that is not avoidable under section 544 of this title and that is not avoidable under section 549 of this title" |
Sec. 311(a) "(26 )under subsection (a) of any transfer that is not avoidable under section 544 of this title and that is not avoidable under section 549 of this title" |
Sec. 311 (25) under subsection (a) of any transfer that is not avoidable under section 544 of this title and that is not avoidable under section 549 of this title" |
Postpetition Transactions: clarification to postpetition transactions that section 549(c) should apply to security interests in real property where the purchaser has given fair equivalent value without notice of the pendency of the bankruptcy case and has perfected that interest on a timely basis |
Sec. 1214 Postpetition transactions "Section 549(c) of title 11, U.S. Code is amended - (1) by inserting "an interest in" after "transfer of;" (2)by striking "such property" and inserting "such real property", and (3) by striking "the interest" and inserting "such interest" |
Sec. 1214 Postpetition transactions "Section 549(c) of title 11, U.S. Code is amended - (1) by inserting "an interest in" after "transfer of;" (2)by striking "such property" and inserting "such real property", and (3) by striking "the interest" and inserting "such interest" |
Sec. 1414 Postpetition Transactions ""Section 549(c) of title 11, U.S. Code is amended - (1) by inserting "an interest in" after "transfer of;" (2)by striking "such property" and inserting "such real property", and (3) by striking "the interest" and inserting "such interest |
Definitions: include security interest in the definition of "purchaser" clarification that sec. 549(c) applies to encumbrancers |
Sec. 1201 Sec. 101 of Title 11 is amended "(6) by amending paragraph (54) to read as follows: (54) the term transfer means- (A) the creation of a lien;" |
Sec. 1201 Sec. 101 of Title 11 is amended "(6) by amending paragraph (54) to read as follows: (54) the term transfer means- (A) the creation of a lien;" |
Sec. 1201 Sec. 101 of Title 11 is amended "(6) by striking existing paragraph (54) and inserting,,, (54) the term transfer means- (A) the creation of a lien;" |
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