Rule · Federal Rules of Bankruptcy Procedure
Fed. R. Bankr. P. 3014 — Chapter 9 or 11—Secured Creditors’ Election to Apply § 1111(b)
Fed. R. Bankr. P. 3014
- Type
- Rule
- Source
- Federal Rules of Bankruptcy Procedure
- Jurisdiction
- Federal
- Date
- 2026-10-22
- Current through
- Nov 10, 2026 (Office of the Law Revision Counsel)
(a) Time for an Election. (1) Chapter 9 or 11. In a Chapter 9 or 11 case, before a hearing on the disclosure statement concludes, a class of secured creditors may elect to apply § 1111(b)(2). If the disclosure statement is conditionally approved under Rule 3017.1 and a final hearing on it is not held, the election must be made within the time provided in Rule 3017.1(a)(2). In either situation, the court may set another time for the election.
Citator
Fed. R. Bankr. P. 3014 — Chapter 9 or 11—Secured Creditors’ Election to Apply § 1111(b) is in force in the current edition of the Code, and nothing recorded condemns it.
(a) Time for an Election. (1) Chapter 9 or 11. In a Chapter 9 or 11 case, before a hearing on the disclosure statement concludes, a class of secured creditors may elect to apply § 1111(b)(2). If the disclosure statement is conditionally approved under Rule 3017.1 and a final hearing on it is not held, the election must be made within the time provided in Rule 3017.1(a)(2). In either situation, the court may set another time for the election. (2) Subchapter V of Chapter 11. In a case under Subchapter V of Chapter 11 in which § 1125 does not apply, the election may be made no later than a date the court sets. (b) Signed Writing; Binding Effect. The election must be made in writing and signed, unless made at the hearing on the disclosure statement. An election made by the majorities required by § 1111(b)(1)(A)(i) is binding on all members of the class.