Section 1122 - Classifications of Claims or Interests
Title 11 of the United States Code - Bankruptcy
REORGANIZATION – CHAPTER 11
Classifications of Claims or Interests –Section 1122
11 USCS § 1122
(a) Except as provided in subsection (b) of this section, a plan may place a claim or an interest in a particular class only if such claim or interest is substantially similar to the other claims or interests of such class.
(b) A plan may designate a separate class of claims consisting only of every unsecured claim that is less than or reduced to an amount that the court approves as reasonable and necessary for administrative convenience.
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