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Act of July 12, 1960, Pub. L. 86-631, 74 Stat. 466
An Act To amend section 678 of the Bankruptcy Act (11 U.S.C. 1078) relating to the transmission of petitions, notices, orders, and other papers to the Secretary of the Treasury in chapter XIII proceedings
Eighty-Sixth Congress, Session II · Approved July 12, 1960
Rewrites section 678 (chapter XIII wage-earner proceedings) so that notice of the first meeting of creditors goes to the district director of internal revenue, and to the head of any federal department, agency, or instrumentality that the schedules or other papers show to be a creditor, in place of the former transmission of papers to the Secretary of the Treasury. Section 2 amends section 58e to add that, where the petition shows the bankrupt is or was in the business of transporting persons or property, notice also goes to the Comptroller General.
This is an unofficial transcription, prepared by Robert J. Pfister for ease of reading and copying. The authoritative text is the United States Statutes at Large.
United States Statutes at Large (PDF, 1 page) (opens in a new tab) Unofficial transcription (PDF, 2 pages) (opens in a new tab)
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 678 of the Bankruptcy Act (11 U.S.C. 1078) is amended to read:
“Sec. 678. The court shall, in every case instituted under any provisions of this chapter, mail or cause to be mailed a copy of the notice of the first meeting of creditors to the district director of internal revenue for the district in which the court is located. Whenever the schedules of the debtor, or the list of creditors of the debtor, or any other papers filed in the case disclose a debt to the United States acting through any department, agency, or instrumentality thereof (except for any internal revenue obligation payable to the Secretary of the Treasury or his delegate), a notice of the first meeting shall be mailed as well to the head of such department, agency, or instrumentality.”
Sec. 2. Section 58e of the Bankruptcy Act, as amended (11 U.S.C. 94(e)), is amended by changing the comma following the word “located” in the first sentence thereof to a period, deleting the balance of that sentence, and substituting for the deleted portion the following new sentence: “In cases involving a bankrupt where it clearly appears on the face of the petition that the bankrupt is or was engaged in the business of transporting persons or property, the court also shall mail, or cause to be mailed, a copy of such notice to the Comptroller General of the United States.”
Approved July 12, 1960.