Section 1206 -- Sales Free of Interests


Title 11 of the United States Code - Bankruptcy
ADJUSTMENT OF DEBTS OF A FAMILY FARMER OR FISHERMAN WITH REGULAR ANNUAL INCOME – CHAPTER 12


Sales Free of Interests –Section 1206
11 USCS § 1206



After notice and a hearing, in addition to the authorization contained in section 363(f) [11 USCS § 363(f)], the trustee in a case under this chapter [11 USCS §§ 1201 et seq.] may sell property under section 363(b) and (c) [11 USCS § 363(b) and (c)] free and clear of any interest in such property of an entity other than the estate if the property is farmland, farm equipment, or property used to carry out a commercial fishing operation (including a commercial fishing vessel), except that the proceeds of such sale shall be subject to such interest.


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