ULC

Legislative Fact Sheet - Voidable Transactions Act Amendments (2014) - Formerly Fraudulent Transfer Act

Act Voidable Transactions Act Amendments (2014) - Formerly Fraudulent Transfer Act
Origin Completed by the Uniform Law Commission in 2014
Description The Uniform Voidable Transactions Act (UVTA), formerly named the Uniform Fraudulent Transfer Act (UFTA), strengthens creditor protections by providing remedies for certain transactions by a debtor that are unfair to the debtor’s creditors. The 2014 amendments to the UVTA address a small number of narrowly-defined issues, and are not a comprehensive revision of the act.
Endorsements

• American Bar Association
• Suggested State Legislation by the Council of State Governments

Enactments California, Georgia, Idaho, Iowa, Kentucky, Michigan, Minnesota, New Mexico, North Carolina, North Dakota, Utah
2017 Introductions Alabama, Arkansas, Florida, Indiana, Massachusetts, New Jersey, New York, South Carolina, Vermont, Washington
Staff Liaison(s) Kaitlin Dohse