Volume 539, Page 683 View pdf image (33K) |
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ALBERT C. RITCHIE, GOVERNOR. 683
Sec. 3. Fair Consideration.
Sec 4. Conveyances by Insolvent.
Sec. 5. Conveyances by Persons in Business.
Sec 6. Conveyances by Persons about to Incur Debts.
Sec. 7. Conveyances made with Intent to Defraud.
Sec. 8. Conveyances of Partnership Property.
Sec. 9. Rights of Creditors Whose Claims Have Matured.
Sec. 10. Rights of Creditors Whose Claims Have Not
Matured.
Sec. 11. Cases not Provided for in the Act.
Sec. 12. Construction.
Sec. 13. Name of Act.
Sec. 14. Inconsistent. Legislation Repealed.
SECTION 1. (Definition of Terms.) In this Act "Assets"
"Conveyance" includes every payment of money, assign-
"Creditor" is a person having any claim, whether matured
"Debt" includes any legal liability, whether matured or
SECTION 2. (Insolvency.) (1) A person is insolvent when
(2) In determining whether a partnership is insolvent |
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Volume 539, Page 683 View pdf image (33K) |
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