Section 765 - Customer Instructions
Title 11 of the United States Code - Bankruptcy
LIQUIDATION – CHAPTER 7
Customer Instructions - Section 765
11 USCS § 765
(a) The notice required by section 342 of this title [11 USCS § 342] to customers shall instruct each customer--
(1) to file a proof of such customer's claim promptly, and to specify in such claim any specifically identifiable security, property, or commodity contract; and
(2) to instruct the trustee of such customer's desired disposition, including transfer under section 766 of this title [11 USCS § 766] or liquidation, of any commodity contract specifically identified to such customer.
(b) The trustee shall comply, to the extent practicable, with any instruction received from a customer regarding such customer's desired disposition of any commodity contract specifically identified to such customer. If the trustee has transferred, under section 766 of this title [11 USCS § 766], such a commodity contract, the trustee shall transmit any such instruction to the commodity broker to whom such commodity contract was so transferred.
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