11 U.S.C. § 542 : US Code - Section 542: Turnover of property to the estate

Search 11 U.S.C. § 542 : US Code - Section 542: Turnover of property to the estate

(a) Except as provided in subsection (c) or (d) of this section,
an entity, other than a custodian, in possession, custody, or
control, during the case, of property that the trustee may use,
sell, or lease under section 363 of this title, or that the debtor
may exempt under section 522 of this title, shall deliver to the
trustee, and account for, such property or the value of such
property, unless such property is of inconsequential value or
benefit to the estate.
(b) Except as provided in subsection (c) or (d) of this section,
an entity that owes a debt that is property of the estate and that
is matured, payable on demand, or payable on order, shall pay such
debt to, or on the order of, the trustee, except to the extent that
such debt may be offset under section 553 of this title against a
claim against the debtor.
(c) Except as provided in section 362(a)(7) of this title, an
entity that has neither actual notice nor actual knowledge of the
commencement of the case concerning the debtor may transfer
property of the estate, or pay a debt owing to the debtor, in good
faith and other than in the manner specified in subsection (d) of
this section, to an entity other than the trustee, with the same
effect as to the entity making such transfer or payment as if the
case under this title concerning the debtor had not been commenced.
(d) A life insurance company may transfer property of the estate
or property of the debtor to such company in good faith, with the
same effect with respect to such company as if the case under this
title concerning the debtor had not been commenced, if such
transfer is to pay a premium or to carry out a nonforfeiture
insurance option, and is required to be made automatically, under a
life insurance contract with such company that was entered into
before the date of the filing of the petition and that is property
of the estate.
(e) Subject to any applicable privilege, after notice and a
hearing, the court may order an attorney, accountant, or other
person that holds recorded information, including books, documents,
records, and papers, relating to the debtor's property or financial
affairs, to turn over or disclose such recorded information to the
trustee.