Rules on selling a hardware company's records
14 rules that decide who may sell a hardware company's design and test records, with whose consent, and what export and personal-data rules go with them, each quoted from its text, read 28 October 2026.
Where the rule applies
What the rule governs in a sale
The rule in its own words
How every rule answered
A rule per row. Every answer opens onto the line it comes from, quoted exactly, with the text it sits in and the day of the read. "Not stated" marks a question the text leaves unanswered.
| Rule | Where the rule applies | What the rule governs in a sale | The rule in its own words |
|---|---|---|---|
| 11 U.S.C. 332 | United States, federal | personal data inside the records | The consumer privacy ombudsman may appear and be heard at such hearing and shall provide… |
| 11 U.S.C. 363(b)(1) | United States, federal | who holds the power to sell the company's property | then the trustee may not sell or lease personally identifiable information to any person… |
| 11 U.S.C. 541(a)(1) | United States, federal | what counts as the company's property | Except as provided in subsections (b) and (c)(2) of this section, all legal or equitable… |
| 15 CFR 734.13 | United States, federal | whether handing the files to a buyer can be an export | An actual shipment or transmission out of the United States, including the sending or… |
| 22 CFR 120.33 | United States, federal | whether handing the files to a buyer can be an export | Information, other than software as defined in § 120.40(g), which is required for the… |
| 22 CFR 120.56 | United States, federal | whether handing the files to a buyer can be an export | The use of access information to cause or enable a foreign person, including yourself, to… |
| Delaware General Corporation Law, section 271 | Delaware (where most US startups are incorporated) | whose approval a sale needs | Every corporation may at any meeting of its board of directors or governing body sell… |
| Export Control Order 2008, article 2 | Great Britain | whether handing the files to a buyer can be an export | “transfer”, in relation to software or technology, means transfer by electronic or… |
| Export Control Order 2008, article 3 | Great Britain | whether handing the files to a buyer can be an export | Subject to articles 13 to 18 and 26, no person shall |
| GOV.UK dual-use export guidance | Great Britain | whether handing the files to a buyer can be an export | Dual-use items (including software and technology) are items which can be used for both… |
| Insolvency Act 1986, Schedule 1 | Great Britain | who holds the power to sell the company's property | Power to transfer to subsidiaries of the company the whole or any part of the business… |
| Insolvency Act 1986, Schedule 4 | Great Britain | who holds the power to sell the company's property | Power to sell any of the company’s property by public auction or private contract with… |
| Insolvency Act 1986, section 436 | Great Britain | what counts as the company's property | includes money, goods, things in action, land and every description of property wherever… |
| UK GDPR, article 6 | Great Britain | personal data inside the records | processing is necessary for the purposes of the legitimate interests pursued by the… |
The source sentence behind every answer (42)
- 11 U.S.C. 332, United States Code, title 11, section 332, read 2026-10-08, Where the rule applies:
Sec. 332 - Consumer privacy ombudsman
- 11 U.S.C. 332, United States Code, title 11, section 332, read 2026-10-08, What the rule governs in a sale:
1 disinterested person (other than the United States trustee) to serve as the consumer privacy ombudsman in the case
- 11 U.S.C. 332, United States Code, title 11, section 332, read 2026-10-08, The rule in its own words:
The consumer privacy ombudsman may appear and be heard at such hearing and shall provide to the court information to assist the court in its consideration of the facts, circumstances, and conditions of the proposed sale or lease of personally identifiable information
- 11 U.S.C. 363(b)(1), United States Code, title 11, section 363, read 2026-10-08, Where the rule applies:
Sec. 363 - Use, sale, or lease of property
- 11 U.S.C. 363(b)(1), United States Code, title 11, section 363, read 2026-10-08, What the rule governs in a sale:
The trustee, after notice and a hearing, may use, sell, or lease, other than in the ordinary course of business, property of the estate
- 11 U.S.C. 363(b)(1), United States Code, title 11, section 363, read 2026-10-08, The rule in its own words:
then the trustee may not sell or lease personally identifiable information to any person unless
- 11 U.S.C. 541(a)(1), United States Code, title 11, section 541, read 2026-10-08, Where the rule applies:
§541. Property of the estate
- 11 U.S.C. 541(a)(1), United States Code, title 11, section 541, read 2026-10-08, What the rule governs in a sale:
all legal or equitable interests of the debtor in property as of the commencement of the case
- 11 U.S.C. 541(a)(1), United States Code, title 11, section 541, read 2026-10-08, The rule in its own words:
Except as provided in subsections (b) and (c)(2) of this section, all legal or equitable interests of the debtor in property as of the commencement of the case.
- 15 CFR 734.13, Export Administration Regulations, section 734.13, read 2026-10-08, Where the rule applies:
Displaying title 15, up to date as of 10/06/2026.
- 15 CFR 734.13, Export Administration Regulations, section 734.13, read 2026-10-08, What the rule governs in a sale:
Any release in the United States of “technology” or source code to a foreign person is a deemed export to the foreign person's most recent country of citizenship or permanent residency.
- 15 CFR 734.13, Export Administration Regulations, section 734.13, read 2026-10-08, The rule in its own words:
An actual shipment or transmission out of the United States, including the sending or taking of an item out of the United States, in any manner;
- 22 CFR 120.33, International Traffic in Arms Regulations, section 120.33, read 2026-10-27, Where the rule applies:
Displaying title 22, up to date as of 10/23/2026.
- 22 CFR 120.33, International Traffic in Arms Regulations, section 120.33, read 2026-10-27, What the rule governs in a sale:
This includes information in the form of blueprints, drawings, photographs, plans, instructions, or documentation;
- 22 CFR 120.33, International Traffic in Arms Regulations, section 120.33, read 2026-10-27, The rule in its own words:
Information, other than software as defined in § 120.40(g), which is required for the design, development, production, manufacture, assembly, operation, repair, testing, maintenance, or modification of defense articles.
- 22 CFR 120.56, International Traffic in Arms Regulations, section 120.56, read 2026-10-28, Where the rule applies:
Displaying title 22, up to date as of 10/26/2026.
- 22 CFR 120.56, International Traffic in Arms Regulations, section 120.56, read 2026-10-28, What the rule governs in a sale:
Oral or written exchanges with foreign persons of technical data in the United States or abroad;
- 22 CFR 120.56, International Traffic in Arms Regulations, section 120.56, read 2026-10-28, The rule in its own words:
The use of access information to cause or enable a foreign person, including yourself, to access, view, or possess unencrypted technical data; or
- Delaware General Corporation Law, section 271, Delaware Code, title 8, chapter 1, subchapter X, read 2026-10-08, Where the rule applies:
§ 271. Sale, lease or exchange of assets; consideration; procedure.
- Delaware General Corporation Law, section 271, Delaware Code, title 8, chapter 1, subchapter X, read 2026-10-08, What the rule governs in a sale:
when and as authorized by a resolution adopted by the holders of a majority of the outstanding stock of the corporation entitled to vote thereon
- Delaware General Corporation Law, section 271, Delaware Code, title 8, chapter 1, subchapter X, read 2026-10-08, The rule in its own words:
Every corporation may at any meeting of its board of directors or governing body sell, lease or exchange all or substantially all of its property and assets, including its goodwill and its corporate franchises
- Export Control Order 2008, article 2, The Export Control Order 2008, article 2 (interpretation), read 2026-10-27, Where the rule applies:
The Export Control Order 2008
- Export Control Order 2008, article 2, The Export Control Order 2008, article 2 (interpretation), read 2026-10-27, What the rule governs in a sale:
“technology” means information (including but not limited to information comprised in software and documents such as blueprints, manuals, diagrams and designs) that is capable of use in connection with the development, production or use of any goods;
- Export Control Order 2008, article 2, The Export Control Order 2008, article 2 (interpretation), read 2026-10-27, The rule in its own words:
“transfer”, in relation to software or technology, means transfer by electronic or non-electronic means (or any combination of electronic and non-electronic means) from a person or place within the United Kingdom to a person or place outside the United Kingdom
- Export Control Order 2008, article 3, The Export Control Order 2008, article 3, read 2026-10-28, Where the rule applies:
The Export Control Order 2008
- Export Control Order 2008, article 3, The Export Control Order 2008, article 3, read 2026-10-28, What the rule governs in a sale:
transfer military software or technology by electronic means.
- Export Control Order 2008, article 3, The Export Control Order 2008, article 3, read 2026-10-28, The rule in its own words:
Subject to articles 13 to 18 and 26, no person shall
- GOV.UK dual-use export guidance, Export controls: dual-use items, software and technology, read 2026-10-27, Where the rule applies:
Export controls: dual-use items, software and technology, goods for torture and radioactive sources
- GOV.UK dual-use export guidance, Export controls: dual-use items, software and technology, read 2026-10-27, What the rule governs in a sale:
You can assess your goods, software and technology against the UK Strategic Export Control Lists to determine whether or not they are controlled.
- GOV.UK dual-use export guidance, Export controls: dual-use items, software and technology, read 2026-10-27, The rule in its own words:
Dual-use items (including software and technology) are items which can be used for both civil and military purposes.
- Insolvency Act 1986, Schedule 1, Insolvency Act 1986, Schedule 1 (powers of an administrator), read 2026-10-08, Where the rule applies:
Powers of Administrator or Administrative Receiver
- Insolvency Act 1986, Schedule 1, Insolvency Act 1986, Schedule 1 (powers of an administrator), read 2026-10-08, What the rule governs in a sale:
Power to sell or otherwise dispose of the property of the company by public auction or private contract
- Insolvency Act 1986, Schedule 1, Insolvency Act 1986, Schedule 1 (powers of an administrator), read 2026-10-08, The rule in its own words:
Power to transfer to subsidiaries of the company the whole or any part of the business and property of the company.
- Insolvency Act 1986, Schedule 4, Insolvency Act 1986, Schedule 4 (powers of a liquidator), read 2026-10-08, Where the rule applies:
Powers of Liquidator in a Winding Up
- Insolvency Act 1986, Schedule 4, Insolvency Act 1986, Schedule 4 (powers of a liquidator), read 2026-10-08, What the rule governs in a sale:
Power to sell any of the company’s property by public auction or private contract
- Insolvency Act 1986, Schedule 4, Insolvency Act 1986, Schedule 4 (powers of a liquidator), read 2026-10-08, The rule in its own words:
Power to sell any of the company’s property by public auction or private contract with power to transfer the whole of it to any person or to sell the same in parcels.
- Insolvency Act 1986, section 436, Insolvency Act 1986, section 436 (expressions used generally), read 2026-10-08, Where the rule applies:
Expressions used generally.
- Insolvency Act 1986, section 436, Insolvency Act 1986, section 436 (expressions used generally), read 2026-10-08, What the rule governs in a sale:
includes money, goods, things in action, land and every description of property wherever situated
- Insolvency Act 1986, section 436, Insolvency Act 1986, section 436 (expressions used generally), read 2026-10-08, The rule in its own words:
includes money, goods, things in action, land and every description of property wherever situated and also obligations and every description of interest, whether present or future or vested or contingent, arising out of, or incidental to, property;
- UK GDPR, article 6, UK GDPR, article 6 (lawfulness of processing), read 2026-10-08, Where the rule applies:
Processing shall be lawful only if and to the extent that at least one of the following applies:
- UK GDPR, article 6, UK GDPR, article 6 (lawfulness of processing), read 2026-10-08, What the rule governs in a sale:
Processing shall be lawful only if and to the extent that at least one of the following applies:
- UK GDPR, article 6, UK GDPR, article 6 (lawfulness of processing), read 2026-10-08, The rule in its own words:
processing is necessary for the purposes of the legitimate interests pursued by the controller or by a third party, except where such interests are overridden by the interests or fundamental rights and freedoms of the data subject
Method
Each rule's own statutes, regulations and official guidance on selling a company's assets, export control and personal data were read through estate-fetch and stored whole (sha256 on every row).
For every text, three questions were answered from its own words: where the rule applies, what the rule governs in a sale, the rule in its own words.
Every stated answer carries the sentence it rests on, checked against the stored text; 'not stated' means the text read does not address the question.
A rule with several texts reads 'varies' where they disagree.
14 rules, 14 texts.
Source list (14)
- 11 U.S.C. 363 (use, sale or lease of property) (quoted for comment from the publisher's own statutes, regulations and official guidance on selling a company's assets, export control and personal data)
- 11 U.S.C. 332 (consumer privacy ombudsman) (quoted for comment from the publisher's own statutes, regulations and official guidance on selling a company's assets, export control and personal data)
- 11 U.S.C. 541 (property of the estate) (quoted for comment from the publisher's own statutes, regulations and official guidance on selling a company's assets, export control and personal data)
- 15 CFR 734.13 (export) (quoted for comment from the publisher's own statutes, regulations and official guidance on selling a company's assets, export control and personal data)
- 22 CFR 120.33 (technical data) (quoted for comment from the publisher's own statutes, regulations and official guidance on selling a company's assets, export control and personal data)
- 22 CFR 120.56 (release) (quoted for comment from the publisher's own statutes, regulations and official guidance on selling a company's assets, export control and personal data)
- Insolvency Act 1986 Schedule 1 (administrator's powers) (quoted for comment from the publisher's own statutes, regulations and official guidance on selling a company's assets, export control and personal data)
- Insolvency Act 1986 Schedule 4 (liquidator's powers) (quoted for comment from the publisher's own statutes, regulations and official guidance on selling a company's assets, export control and personal data)
- Insolvency Act 1986 s.436 (property) (quoted for comment from the publisher's own statutes, regulations and official guidance on selling a company's assets, export control and personal data)
- Export Control Order 2008 art. 3 (quoted for comment from the publisher's own statutes, regulations and official guidance on selling a company's assets, export control and personal data)
- Export Control Order 2008 art. 2 (quoted for comment from the publisher's own statutes, regulations and official guidance on selling a company's assets, export control and personal data)
- Delaware General Corporation Law, subchapter X (sale of assets, dissolution) (quoted for comment from the publisher's own statutes, regulations and official guidance on selling a company's assets, export control and personal data)
- UK GDPR art. 6 (quoted for comment from the publisher's own statutes, regulations and official guidance on selling a company's assets, export control and personal data)
- GOV.UK export controls on dual-use software and technology (quoted for comment from the publisher's own statutes, regulations and official guidance on selling a company's assets, export control and personal data)
Quote this figure or put it on your site
14 rules that decide who may sell a hardware company's design and test records, with whose consent, and what export and personal-data rules go with them, each quoted from its text, read 28 October 2026.
Where the rule applies, by rule: Great Britain 7 of 14, United States, federal 6 of 14, Delaware (where most US startups are incorporated) 1 of 14 (14 rules, read 28 October 2026).
What the rule governs in a sale, by rule: whether handing the files to a buyer can be an export 6 of 14, who holds the power to sell the company's property 3 of 14, personal data inside the records 2 of 14, what counts as the company's property 2 of 14, whose approval a sale needs 1 of 14 (14 rules, read 28 October 2026).
The rule in its own words, by rule: stated 14 of 14 (14 rules, read 28 October 2026).
To cite: "Rules on selling a hardware company's records", updated 2026-10-28, https://sellhardwaredatatoai.com/datasets/hardware-wind-down-sale-rules/.
CSV download (42 answers, compiled 2026-10-28)