Michigan Compiled Laws § 566.221 Acts To Hinder Or Defraud Creditors; Invalidity.


566.221 Acts to hinder or defraud creditors; invalidity.

Sec. 1.

Every conveyance or assignment, in writing or otherwise, of any estate or interest in lands, or in goods or things in action, or of any rents or profits issuing therefrom, and any charge upon lands, goods or things in action, or upon the rents or profits thereof, made with the intent to hinder, delay or defraud creditors or other persons of their lawful suits, damages, forfeitures, debts or demands, and every bond or other evidence of debt given, suit commenced, decree or judgment suffered, with the like intent, as against the persons so hindered, delayed or defrauded, shall be void.


History: R.S. 1846, Ch. 82 ;-- CL 1857, 3198 ;-- CL 1871, 4713 ;-- How. 6203 ;-- CL 1897, 9533 ;-- CL 1915, 11998 ;-- CL 1929, 13434 ;-- CL 1948, 566.221


Section: 566.221  566.222  566.223  566.224  566.225  566.226    Next

Last modified: October 10, 2016