18 USC 154 – Adverse interest and conduct of officers
A person who, being a custodian, trustee, marshal, or other officer of the court—
(1) knowingly purchases, directly or indirectly, any property of the estate of which the person is such an officer in a case under title 11;
(2) knowingly refuses to permit a reasonable opportunity for the inspection by parties in interest of the documents and accounts relating to the affairs of estates in the person’s charge by parties when directed by the court to do so; or
(3) knowingly refuses to permit a reasonable opportunity for the inspection by the United States Trustee of the documents and accounts relating to the affairs of an estate in the person’s charge,
shall be fined under this title and shall forfeit the person’s office, which shall thereupon become vacant.
Terms Used In 18 USC 154
- officer: includes any person authorized by law to perform the duties of the office. See 1 USC 1
- Trustee: A person or institution holding and administering property in trust.
- United States: as used in this title in a territorial sense, includes all places and waters, continental or insular, subject to the jurisdiction of the United States, except the Canal Zone. See 18 USC 5