Arkansas Code Title 4, Subtitle 5, Chapter 59, Subchapter 2 - Fraudulent Transfers

• § 4-59-201 - Definitions.
  As used in this subchapter, unless the context otherwise requires: (1) "Affiliate" means: (i) a person who directly or indirectly owns, controls, or holds...
• § 4-59-202 - Insolvency.
  (a) A debtor is insolvent if the sum of the debtor's debts is greater than all of the debtor's assets at a fair valuation.(b)...
• § 4-59-203 - Value.
  (a) Value is given for a transfer or an obligation if, in exchange for the transfer or obligation, property is transferred or an antecedent...
• § 4-59-204 - Transfers Fraudulent As to Present and Future Creditors.
  (a) A transfer made or obligation incurred by a debtor is fraudulent as to a creditor, whether the creditor's claim arose before or after...
• § 4-59-205 - Transfers Fraudulent As to Present Creditors.
  (a) A transfer made or obligation incurred by a debtor is fraudulent as to a creditor whose claim arose before the transfer was made...
• § 4-59-206 - When Transfer is Made or Obligation is Incurred.
  For the purposes of this subchapter: (1) a transfer is made: (i) with respect to an asset that is real property other than a...
• § 4-59-207 - Remedies of Creditors.
  (a) In an action for relief against a transfer or obligation under this subchapter, a creditor, subject to the limitations in § 4-59-208, may...
• § 4-59-208 - Defenses, Liability, and Protection of Transferee.
  (a) A transfer or obligation is not voidable under § 4-59-204(a)(1) against a person who took in good faith and for a reasonably equivalent...
• § 4-59-209 - Extinguishment of Cause of Action.
  A cause of action with respect to a fraudulent transfer or obligation under this subchapter is extinguished unless action is brought: (a) under §...
• § 4-59-210 - Supplementary Provisions.
  Unless displaced by the provisions of this subchapter, the principles of law and equity, including the law merchant and the law relating to principal...
• § 4-59-211 - Uniformity of Application and Construction.
  This subchapter shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this...
• § 4-59-212 - Short Title.
  This subchapter may be cited as the Arkansas Fraudulent Transfer Act.
• § 4-59-213 - Repeal.
  The following acts and all other acts and parts of acts inconsistent herewith are hereby repealed: (a) Sections 1 through 7, Chapter 65 Revised...

Last modified: November 15, 2016