General Laws of Massachusetts - Chapter 109A Uniform Fraudulent Transfer Act
- Massachusetts General Laws - Citation of chapter - Chapter 109A, Section 1
This chapter may be cited as the Uniform Fraudulent Transfer Act.
- Massachusetts General Laws - Definitions - Chapter 109A, Section 2
As used in this chapter, the following words shall, unless the context requires otherwise, have the following meanings:— “Affiliate”, (i) a person who directly or...
- Massachusetts General Laws - Insolvency; excluded assets - Chapter 109A, Section 3
(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)...
- Massachusetts General Laws - Value of transfer - Chapter 109A, Section 4
(a) Value is given for a transfer or an obligation if, in exchange for the transfer or obligation, property is transferred or an antecedent debt...
- Massachusetts General Laws - Fraudulent transfer or obligation where creditor’s claim arose before or after transfer or obligation - Chapter 109A, Section 5
(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 the...
- Massachusetts General Laws - Fraudulent transfer or obligation where creditor’s claim arose before transfer or obligation - Chapter 109A, Section 6
(a) A transfer made or obligation incurred by a debtor is fraudulent as to a creditor whose claim arose before the transfer was made or...
- Massachusetts General Laws - Transfer; definition - Chapter 109A, Section 7
For the purposes of this chapter: (1) a transfer is made: (i) with respect to an asset that is real property other than a fixture,...
- Massachusetts General Laws - Creditor’s remedies - Chapter 109A, Section 8
(a) In an action for relief against a transfer or obligation under this chapter, a creditor, subject to the limitations in section nine, may obtain:...
- Massachusetts General Laws - Voidable transfers; creditor’s judgment - Chapter 109A, Section 9
(a) A transfer or obligation is not voidable under paragraph (1) of subsection (a) of section five against a person who took in good-faith and...
- Massachusetts General Laws - Limitation of actions - Chapter 109A, Section 10
A cause of action with respect to a fraudulent transfer or obligation under this chapter shall be extinguished unless action is brought: (a) under paragraph...
- Massachusetts General Laws - Application of principles of law and equity - Chapter 109A, Section 11
Unless otherwise required by the provisions of this chapter, the principles of law and equity, including the law merchant and the law relating to principal...
- Massachusetts General Laws - Application and construction - Chapter 109A, Section 12
This chapter shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this chapter...
- Massachusetts General Laws - Repealed, 1996, 157 - Chapter 109A, Section 13
Repealed, 1996,
Last modified: September 11, 2015