Court Opinions

State Laws

US Code

US Constitution

Florida Statute Of Frauds, Fraudulent Transfers, And General Assignments Code Section 726.201 - Fraudulent Transfers - Fraudulent loans void.

Legal Research Home > Florida Lawyer > Statute Of Frauds Fraudulent Transfers And-general-assignments > Florida Statute Of Frauds, Fraudulent Transfers, And General Assignments Code Section 726.201 - Fraudulent Transfers - Fraudulent loans void.

Title XLI   STATUTE OF FRAUDS, FRAUDULENT TRANSFERS, AND GENERAL ASSIGNMENTS

Chapter 726   FRAUDULENT TRANSFERS

726.201  Fraudulent loans void.--When any loan of goods and chattels shall be pretended to have been made to any person with whom or those claiming under her or him, possession shall have remained for the space of 2 years without demand and pursued by due process of law on the part of the pretended lender, or where any reservation or limitation shall be pretended to have been made of a use or property by way of condition, reversion, remainder or otherwise in goods and chattels, and the possession thereof shall have remained in another as aforesaid, the same shall be taken, as to the creditors and purchasers of the persons aforesaid so remaining in possession, to be fraudulent within this chapter, and the absolute property shall be with the possession, unless such loan, reservation or limitation of use or property were declared by will or deed in writing proved and recorded.

History.--s. 4, Jan. 28, 1823; s. 1, ch. 872, 1859; RS 1994; GS 2516; RGS 3871; CGL 5778; s. 938, ch. 97-102.

Note.--Former s. 726.09.

Last modified: November 21, 2006