Chapter 9, Title 11, United States Code

Chapter 9, Title 11, United States Code

Chapter 9, Title 11 of the United States Code is a chapter of the United States Bankruptcy Code, available exclusively to municipalities and assists them in the restructuring of debts. The two largest municipal bankruptcies under Chapter 9 have been Jefferson County, Alabama in 2011 and Orange County, California in 1994. ("Municipality" under the Bankruptcy Code includes many types of governmental units besides cities.)

Read more about Chapter 9, Title 11, United States Code:  History, Features of Chapter 9

Famous quotes containing the words chapter, title, united, states and/or code:

    When one man dies, one chapter is not torn out of the book, but translated into a better language.
    John Donne (c. 1572–1631)

    Fifty million Frenchmen can’t be wrong.
    —Anonymous. Popular saying.

    Dating from World War I—when it was used by U.S. soldiers—or before, the saying was associated with nightclub hostess Texas Quinan in the 1920s. It was the title of a song recorded by Sophie Tucker in 1927, and of a Cole Porter musical in 1929.

    Fortunately, the time has long passed when people liked to regard the United States as some kind of melting pot, taking men and women from every part of the world and converting them into standardized, homogenized Americans. We are, I think, much more mature and wise today. Just as we welcome a world of diversity, so we glory in an America of diversity—an America all the richer for the many different and distinctive strands of which it is woven.
    Hubert H. Humphrey (1911–1978)

    Mr. Christian, it is about time for many people to begin to come to the White House to discuss different phases of the coal strike. When anybody comes, if his special problem concerns the state, refer him to the governor of Pennsylvania. If his problem has a national phase, refer him to the United States Coal Commission. In no event bring him to me.
    Calvin Coolidge (1872–1933)

    Hollywood keeps before its child audiences a string of glorified young heroes, everyone of whom is an unhesitating and violent Anarchist. His one answer to everything that annoys him or disparages his country or his parents or his young lady or his personal code of manly conduct is to give the offender a “sock” in the jaw.... My observation leads me to believe that it is not the virtuous people who are good at socking jaws.
    George Bernard Shaw (1856–1950)