New York Debtor & Creditor Law Section 275 - Conveyances by a person about to incur debts.

275. Conveyances by a person about to incur debts. Every conveyance made and every obligation incurred without fair consideration when the person making the conveyance or entering into the obligation intends or believes that he will incur debts beyond his ability to pay as they mature, is fraudulent as to both present and future creditors.


Last modified: February 3, 2019