11 U.S.C. § 552 : US Code - Section 552: Postpetition effect of security interest
Search 11 U.S.C. § 552 : US Code - Section 552: Postpetition effect of security interest
(a) Except as provided in subsection (b) of this section,
property acquired by the estate or by the debtor after the
commencement of the case is not subject to any lien resulting from
any security agreement entered into by the debtor before the
commencement of the case.
(b)(1) Except as provided in sections 363, 506(c), 522, 544, 545,
547, and 548 of this title, if the debtor and an entity entered
into a security agreement before the commencement of the case and
if the security interest created by such security agreement extends
to property of the debtor acquired before the commencement of the
case and to proceeds, products, offspring, or profits of such
property, then such security interest extends to such proceeds,
products, offspring, or profits acquired by the estate after the
commencement of the case to the extent provided by such security
agreement and by applicable nonbankruptcy law, except to any extent
that the court, after notice and a hearing and based on the
equities of the case, orders otherwise.
(2) Except as provided in sections 363, 506(c), 522, 544, 545,
547, and 548 of this title, and notwithstanding section 546(b) of
this title, if the debtor and an entity entered into a security
agreement before the commencement of the case and if the security
interest created by such security agreement extends to property of
the debtor acquired before the commencement of the case and to
amounts paid as rents of such property or the fees, charges,
accounts, or other payments for the use or occupancy of rooms and
other public facilities in hotels, motels, or other lodging
properties, then such security interest extends to such rents and
such fees, charges, accounts, or other payments acquired by the
estate after the commencement of the case to the extent provided in
such security agreement, except to any extent that the court, after
notice and a hearing and based on the equities of the case, orders
otherwise.
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