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TITLE 11 > CHAPTER 7 > SUBCHAPTER IV > § 763
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§ 763. Treatment of accounts

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(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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Notes
No Pending Update(s)
Parallel authorities (CFR)
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