Practice question
Which customer action is expressly excepted from the stay by Section 18(d)?
- Any action to acquire the debtor’s entire company
- Every ordinary unsecured trade debt
- Only a criminal complaint
- Only a tax protest
- Recovery of money or securities entrusted to a securities market participant in its ordinary business
Legal references
- RA 10142 (FRIA), Sections 4, 7, 9, 17-18, 31-35, 64-70 and 115-121: https://lawphil.net/statutes/repacts/ra2010/ra_10142_2010.html
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