GroundRules
← Search the law
US Code · Through Public Law 119-103 (09/02/2026) · Newer source version available

11 U.S.C. § 1531: Presumption of insolvency based on recognition of a foreign main proceeding

Read at publisher ↗
Where this section sits in the code
  1. Title 11—BANKRUPTCY
  2. CHAPTER 15—ANCILLARY AND OTHER CROSS-BORDER CASES

In the absence of evidence to the contrary, recognition of a foreign main proceeding is, for the purpose of commencing a proceeding under section 303, proof that the debtor is generally not paying its debts as such debts become due.

Collected 2026-09-10T05:56:12Z. Source file · JSON

Browse this collection