FRAUDULENT CONVEYANCES Nassau Academy of Law CLE Live ...
FRAUDULENT CONVEYANCES Nassau Academy of Law CLE Live ...
FRAUDULENT CONVEYANCES Nassau Academy of Law CLE Live ...
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McKinney's Debtor and Creditor <strong>Law</strong> § 270 Page 1Effective:[See Text Amendments]Mckinney's Consolidated <strong>Law</strong>s <strong>of</strong> New York Annotated CurrentnessDebtor and Creditor <strong>Law</strong> (Refs & Annos)Chapter 12. Of the Consolidated <strong>Law</strong>s (Refs & Annos)Article 10. Fraudulent Conveyances (Refs & Annos)§ 270. Definition <strong>of</strong> termsIn this article “assets” <strong>of</strong> a debtor means property not exempt from liability for his debts. To the extent that anyproperty is liable for any debts <strong>of</strong> the debtor, such property shall be included in his assets.“Conveyance” includes every payment <strong>of</strong> money, assignment, release, transfer, lease, mortgage or pledge <strong>of</strong> tangibleor intangible property, and also the creation <strong>of</strong> any lien or incumbrance.“Creditor” is a person having any claim, whether matured or unmatured, liquidated or unliquidated, absolute, fixedor contingent.“Debt” includes any legal liability, whether matured or unmatured, liquidated or unliquidated, absolute, fixed orcontingent.CREDIT(S)(Added L.1925, c. 254, § 1.)Current through L.2009, chapters 1 to 14 and 16 to 347.Copr © 2009 Thomson ReutersEND OF DOCUMENT© 2009 Thomson Reuters. No Claim to Orig. US Gov. Works.
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