Introduced
by
To replace a law called the “uniform fraudulent transfer act” with a new version called the “uniform voidable transactions act.” This reflects <a href="http://www.uniformlawcommission.com/Act.aspx?title=Voidable%20Transactions%20Act%20Amendments%20(2014)%20-%20Formerly%20Fraudulent%20Transfer%20Act">a model</a> created by a national Uniform Law Commission for “providing remedies for certain transactions by a debtor that are unfair to the debtor’s creditors,” such as transferring property to a relative to place it outside the reach of person with a valid claim.
Referred to the Committee on Judiciary
Reported without amendment
Passed in the Senate 37 to 0 (details)
Referred to the Committee on Judiciary
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
by
To replace the previous version of the bill with one that revises details but does not change the substance as previously described.
The substitute passed by voice vote
Passed in the House 107 to 1 (details)
To replace a law called the “uniform fraudulent transfer act” with a new version called the “uniform voidable transactions act.” This reflects <a href="http://www.uniformlawcommission.com/Act.aspx?title=Voidable%20Transactions%20Act%20Amendments%20(2014)%20-%20Formerly%20Fraudulent%20Transfer%20Act">a model</a> created by a national Uniform Law Commission for “providing remedies for certain transactions by a debtor that are unfair to the debtor’s creditors,” such as transferring property to a relative to place it outside the reach of person with a valid claim.
Passed in the Senate 37 to 0 (details)
To concur with the House-passed version of the bill.
