{"identifier":"/us/usc/t11/s745","title":11,"num":"\u00a7\u202f745.","heading":"Treatment of accounts","text":"\u00a7\u202f745.\nTreatment of accounts\n(a) Accounts held by the debtor for a particular customer in separate capacities shall be treated as accounts of separate customers.\n(b) If a stockbroker or a bank holds a customer net equity claim against the debtor that arose out of a transaction for a customer of such stockbroker or bank, each such customer of such stockbroker or bank shall be treated as a separate customer of the debtor.\n(c) Each trustee\u2019s account specified as such on the debtor\u2019s books, and supported by a trust deed filed with, and qualified as such by, the Internal Revenue Service, and under the Internal Revenue Code of 1986, shall be treated as a separate customer account for each beneficiary under such trustee account.","url":"https://projectusc.org/usc/t11/s745.html","content":[{"t":"sec","id":"/us/usc/t11/s745","children":[{"t":"num","text":"\u00a7\u202f745."},{"t":"heading","text":"Treatment of accounts"},{"t":"subsec","id":"/us/usc/t11/s745/a","children":[{"t":"num","text":"(a)"},{"t":"content","text":" Accounts held by the debtor for a particular customer in separate capacities shall be treated as accounts of separate customers.","tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t11/s745/b","children":[{"t":"num","text":"(b)"},{"t":"content","text":" If a stockbroker or a bank holds a customer net equity claim against the debtor that arose out of a transaction for a customer of such stockbroker or bank, each such customer of such stockbroker or bank shall be treated as a separate customer of the debtor.","tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t11/s745/c","children":[{"t":"num","text":"(c)"},{"t":"content","text":" Each trustee\u2019s account specified as such on the debtor\u2019s books, and supported by a trust deed filed with, and qualified as such by, the Internal Revenue Service, and under the Internal Revenue Code of 1986, shall be treated as a separate customer account for each beneficiary under such trustee account.","tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}