There is a newer version of the California Code
2012 California Codes
CIV - Civil Code
DIVISION 4 - GENERAL PROVISIONS [3274 - 9566]
PART 2 - SPECIAL RELATIONS OF DEBTOR AND CREDITOR
TITLE 2 - FRAUDULENT INSTRUMENTS AND TRANSFERS
CHAPTER 1 - Uniform Fraudulent Transfer Act
Section 3439.03
CA Civ Code § 3439.03 (through 2013 Leg Sess) What's This?
Value is given for a transfer or an obligation if, in exchange for the transfer or obligation, property is transferred or an antecedent debt is secured or satisfied, but value does not include an unperformed promise made otherwise than in the ordinary course of the promisor’s business to furnish support to the debtor or another person.
(Repealed and added by Stats. 1986, Ch. 383, Sec. 2.)
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