11 U.S.C. § 364: Obtaining credit

If the trustee is authorized to operate the business of the debtor under section 721, 1108, 1183, 1184, 1203, 1204, or 1304 of this title, unless the court orders otherwise, the trustee may obtain unsecured credit and incur unsecured debt in the ordinary course of business allowable under section 503(b)(1) of this title as an administrative expense. The court, after notice and a hearing, may authorize the trustee to obtain unsecured credit or to incur unsecured debt other than under subsection (a) of this section, allowable under section 503(b)(1) of this title as an administrative expense. with priority over any or all administrative expenses of the kind specified in section 503(b) or 507(b) of this title; secured by a lien on property of the estate that is not otherwise subject to a lien; or secured by a junior lien on property of the estate that is subject to a lien. the trustee is unable to obtain such credit otherwise; and there is adequate protection of the interest of the holder of the lien on the property of the estate on which such senior or equal lien is proposed to be granted. In any hearing under this subsection, the trustee has the burden of proof on the issue of adequate protection. The reversal or modification on appeal of an authorization under this section to obtain credit or incur debt, or of a grant under this section of a priority or a lien, does not affect the validity of any debt so incurred, or any priority or lien so granted, to an entity that extended such credit in good faith, whether or not such entity knew of the pendency of the appeal, unless such authorization and the incurring of such debt, or the granting of such priority or lien, were stayed pending appeal. Except with respect to an entity that is an underwriter as defined in section 1145(b) of this title , section 5 of the Securities Act of 1933, the Trust Indenture Act of 1939, and any State or local law requiring registration for offer or sale of a security or registration or licensing of an issuer of, underwriter of, or broker or dealer in, a security does not apply to the offer or sale under this section of a security that is not an equity security. take effect on the date on which the Administrator [of the Small Business Administration] submits to the Director of the Executive Office for United States Trustees a written determination that, subject to satisfying any other eligibility requirements, any debtor in possession or trustee that is authorized to operate the business of the debtor under section 1183, 1184, 1203, 1204, or 1304 of title 11, United States Code, would be eligible for a loan under paragraphs (36) and (37) of section 7(a) of the Small Business Act ( 15 U.S.C. 636(a) ); and apply to any case pending on or commenced on or after the date described in subparagraph (A). section 364 of title 11 , United States Code, is amended by striking subsection (g); in paragraph (8)(B), by adding ‘and’ at the end; in paragraph (9), by striking ‘; and’ at the end and inserting a period; and by striking paragraph (10); section 1191 of title 11 , United States Code, is amended by striking subsection (f); section 1225 of title 11 , United States Code, is amended by striking subsection (d); and section 1325 of title 11 , United States Code, is amended by striking subsection (d). Notwithstanding the amendments made by subparagraph (A) of this paragraph, if the amendments made by subsections (a) through (e) take effect under paragraph (1) of this subsection, such amendments shall apply to any case under title 11, United States Code, commenced before the date that is 2 years after the date of enactment of this Act [ Dec. 27, 2020 ].”