Laws: Cases and Codes : U.S. Code : Title 11 : Section 763


   
U.S. Code as of: 01/19/04
Section 763. Treatment of accounts

      (a) Accounts held by the debtor for a particular customer in
    separate capacities shall be treated as accounts of separate
    customers.
      (b) A member of a clearing organization shall be deemed to hold
    such member's proprietary account in a separate capacity from such
    member's customers' account.
      (c) The net equity in a customer's account may not be offset
    against the net equity in the account of any other customer.



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