Federal · Title 28 — Judiciary and Judicial Procedure

28 U.S.C. § 3301: Definitions

Read the full statutory text
as a fiduciary or agent without sole discretionary power to vote the securities; or solely to secure a debt, if the person has not exercised the power to vote; as a fiduciary or agent without sole power to vote the securities; or solely to secure a debt, if the person has not in fact exercised the power to vote; a person whose business is operated by the debtor under a lease or other agreement, or a person substantially all of whose assets are controlled by the debtor; or a person who operates the debtor’s business under a lease or other agreement or controls substantially all of the debtor’s assets. property to the extent it is encumbered by a valid lien; property to the extent it is generally exempt under nonbankruptcy law; or an interest in real property held in tenancy by the entirety, or as part of a community estate, to extent such interest is not subject to process by the United States holding a claim against only one tenant or co-owner. “Claim” means a right to payment, whether or not the right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured, or unsecured. “Creditor” means a person who has a claim. a relative of the debtor or of a general partner of the debtor; a partnership in which the debtor is a general partner; a general partner in a partnership described in clause (ii); or a corporation of which the debtor is a director, officer, or person in control; a director of the debtor; an officer of the debtor; a person in control of the debtor; a partnership in which the debtor is a general partner; a general partner in a partnership described in clause (iv); or a relative of a general partner, director, officer, or person in control of the debtor; a general partner in the debtor; a relative of a general partner in, a general partner of, or a person in control of the debtor; another partnership in which the debtor is a general partner; a general partner in a partnership described in clause (iii); or a person in control of the debtor. 1 1 So in original. The period probably should be a semicolon. an affiliate, or an insider of an affiliate as if the affiliate were the debtor; and a managing agent of the debtor. 2 “Lien” means a charge against or an interest in property to secure payment of a debt and includes a security interest created by agreement, a judicial lien obtained by legal or equitable process or proceedings, a common law lien, or a statutory lien. 2 So in original. Probably should be “(6)”. 3 “Relative” means an individual related, by consanguinity or adoption, within the third degree as determined by the common law, a spouse, or an individual so related to a spouse within the third degree as so determined. 3 So in original. Probably should be “(7)”. 4 “Transfer” means every mode, direct or indirect, absolute or conditional, voluntary or involuntary, of disposing of or parting with an asset or an interest in an asset, and includes payment of money, release, lease, and creation of a lien or other encumbrance. 4 So in original. Probably should be “(8)”. 5 “Valid lien” means a lien that is effective against the holder of a judicial lien subsequently obtained in legal or equitable proceeding. 5 So in original. Probably should be “(9)”.

Verify at the official source: Federal legislative text

Facing this? Know exactly what happens next.

MOFRD turns this code section into your situation: the deadlines that apply to you, the forms your county uses, and the resolution paths people in your position actually take. Free for 3 days — no card required.

This page is legal information, not legal advice. Code text is sourced from official publications and may lag amendments — always confirm at the official source linked above. Plain-English summaries and relationship data are AI-derived and reviewed on an ongoing basis; verify with a licensed attorney before acting.