ULC

Acts

Fraudulent Transfer Act (1984)

Description

The Uniform Fraudulent Transfer Act provides a creditor with the means to reach assets a debtor has transferred to another person to keep them from being used to satisfy a debt. In 2014, the Act was amended to address a small number of narrowly-defined issues. These amendments included a title change. For the 2014 amendments, see "Voidable Transactions Act Amendments (2014) - Formerly Fraudulent Transfer Act", for which a link is provided below.”

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Staff Contact

Kaitlin D. Wolff kwolff@uniformlaws.org

 

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Legislative Tracking

2017 Introductions & Enactments

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Drafting History

Origin: The Voidable Transactions Act (formerly Fraudulent Transfer Act), completed by the Uniform Law Commissioners in 1984, revises the Uniform Fraudulent Conveyance Act of 1918. As a result of a series of amendments in 2014, the act formerly known as the Uniform Fraudulent Transfer Act has been renamed the Uniform Voidable Transactions Act.
Committee/Resources: Fraudulent Transfer
Related Versions: Voidable Transactions Act Amendments (2014) - Formerly Fraudulent Transfer Act