There is a newer version of the New York Consolidated Laws
2006 New York Code - Conveyances By Insolvent.
§ 273. Conveyances by insolvent. Every conveyance made and every obligation incurred by a person who is or will be thereby rendered insolvent is fraudulent as to creditors without regard to his actual intent if the conveyance is made or the obligation is incurred without a fair consideration.
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