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2019 New York Laws
DCD - Debtor and Creditor
Article 10 - Fraudulent Conveyances.
277 - Conveyance of Partnership Property.

Universal Citation:
NY Debt & Cred L § 277 (2019)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

§ 277. Conveyance of partnership property. Every conveyance of partnership property and every partnership obligation incurred when the partnership is or will be thereby rendered insolvent, is fraudulent as to partnership creditors, if the conveyance is made or obligation is incurred,

a. To a partner, whether with or without a promise by him to pay partnership debts, or

b. To a person not a partner without fair consideration to the partnership as distinguished from consideration to the individual partners.


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