There Is a Newer Version
of
the New York Laws
2019 New York Laws
DCD - Debtor and Creditor
Article 10 - Fraudulent Conveyances.
275 - Conveyances by a Person About to Incur Debts.
Universal Citation:
NY Debt & Cred L § 275 (2019)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
§ 275. Conveyances by a person about to incur debts. Every conveyance made and every obligation incurred without fair consideration when the person making the conveyance or entering into the obligation intends or believes that he will incur debts beyond his ability to pay as they mature, is fraudulent as to both present and future creditors.
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