Page:United States Statutes at Large Volume 100 Part 4.djvu/171

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PUBLIC LAW 99-000—MMMM. DD, 1986

PUBLIC LAW 99-554—OCT. 27, 1986

100 STAT. 3099

the trustee renders such services, not to exceed five percent upon all payments under the plan.". SEC. 210. EMPLOYMENT OF PROFESSIONAL PERSONS.

Section 327(c) of title 11, United States Code, is amended by inserting "or the United States trustee" after "another creditor". SEC. 2 n. COMPENSATION OF OFFICERS.

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Section 330 of title 11, United States Code, is amended— (1) in subsection (a) by inserting "to any parties in interest and to the United States trustee" after "notice", and (2) by inserting at the end thereof the following: "(d) In a case in which the United States trustee serves as trustee, the compensation of the trustee under this section shall be paid to the clerk of the bankruptcy court and deposited by the clerk into the United States Trustee System Fund established by section 589a of title 28.". SEC. 212. MEETINGS OF CREDITORS AND EQUITY SECURITY HOLDERS.

Section 341 of title 11, United States C!ode, is amended— (1) in subsection (a) by striking out "there shall be a meeting of creditors" and inserting in lieu thereof "the United States trustee shall convene and preside at a meeting of creditors", (2) in subsection (b) by striking out "court may order" and inserting in lieu thereof "United States trustee may convene", and (3) in subsection (c) by inserting "including any final meeting of creditors" before the period at the end thereof. SEC. 213. EXAMINATION OF THE DEBTOR.

Section 343 of title 11, United States Code, is amended to read as follows: "§ 343. Examination of the debtor "The debtor shall appear and submit to examination under oath at the meeting of creditors under section 341(a) of this title. Creditors, any indenture trustee, any trustee or examiner in the case, or the United States trustee may examine the debtor. The United States trustee may administer the oath required under this section.". SEC. 214. MONIES OF ESTATES.

Section 345(b) of title 11, United States Code, is amended to read as follows: "(b) Except with respect to a deposit or investment that is insured or guaranteed by the United States or by a department, agency, or instrumentality of the United States or backed by the full faith and credit of the United States, the trustee shall require from an entity with which such money is deposited or invested— "(1) a bond— ?,5^yj»^.j.»iA "(A) in favor of the United States; "(B) secured by the undertaking of a corporate surety approved by the United States trustee for the district in which the case is pending; and fes3lfil "(C) conditioned on— "(i) a proper accounting for all money so deposited or invested and for any return on such money;