2005 Idaho Code - 55-914 — TRANSFERS FRAUDULENT AS TO PRESENT CREDITORS

                                  TITLE  55
                             PROPERTY IN GENERAL
                                  CHAPTER 9
                              UNLAWFUL TRANSFERS
    55-914.  TRANSFERS FRAUDULENT AS TO PRESENT CREDITORS. (1) A transfer made
or obligation incurred by a debtor is fraudulent as to a creditor whose claim
arose before the transfer was made or the obligation was incurred if the
debtor made the transfer or incurred the obligation without receiving a
reasonably equivalent value in exchange for the transfer or obligation and the
debtor was insolvent at that time or the debtor became insolvent as a result
of the transfer or obligation.
    (2)  A transfer made by a debtor is fraudulent as to a creditor whose
claim arose before the transfer was made if the transfer was made to an
insider for an antecedent debt, the debtor was insolvent at that time, and the
insider had reasonable cause to believe that the debtor was insolvent.