United States Code Title 11 — Bankruptcy

§ 763. Treatment of accounts

§ 763.

Treatment of accounts

(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.