{"identifier":"/us/usc/t11/s763","title":11,"num":"\u00a7\u202f763.","heading":"Treatment of accounts","text":"\u00a7\u202f763.\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) A member of a clearing organization shall be deemed to hold such member\u2019s proprietary account in a separate capacity from such member\u2019s customers\u2019 account.\n(c) The net equity in a customer\u2019s account may not be offset against the net equity in the account of any other customer.","url":"https://projectusc.org/usc/t11/s763.html","content":[{"t":"sec","id":"/us/usc/t11/s763","children":[{"t":"num","text":"\u00a7\u202f763."},{"t":"heading","text":"Treatment of accounts"},{"t":"subsec","id":"/us/usc/t11/s763/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/s763/b","children":[{"t":"num","text":"(b)"},{"t":"content","text":" A member of a clearing organization shall be deemed to hold such member\u2019s proprietary account in a separate capacity from such member\u2019s customers\u2019 account.","tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t11/s763/c","children":[{"t":"num","text":"(c)"},{"t":"content","text":" The net equity in a customer\u2019s account may not be offset against the net equity in the account of any other customer.","tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}