Revised Code of Washington - RCW Title 19 Business Regulations -- Miscellaneous - Chapter 19.40 Uniform Fraudulent Transfer Act

  • 19.40.011 Definitions
    As used in this chapter: (1) "Affiliate" means: (i) A person who directly or indirectly owns, controls, or holds with power to vote, twenty percent ...
  • 19.40.021 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) ...
  • 19.40.031 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 debt ...
  • 19.40.041 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 the ...
  • 19.40.051 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 or ...
  • 19.40.061 When transfer is made or obligation is incurred
    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, ...
  • 19.40.071 Remedies of creditors
    (a) In an action for relief against a transfer or obligation under this chapter, a creditor, subject to the limitations in RCW 19.40.081, may obtain: ...
  • 19.40.081 Defenses, liability, and protection of transferee
    (a) A transfer or obligation is not voidable under RCW 19.40.041(a)(1) against a person who took in good faith and for a reasonably equivalent value ...
  • 19.40.091 Extinguishment of cause of action
    A cause of action with respect to a fraudulent transfer or obligation under this chapter is extinguished unless action is brought: (a) Under RCW 19.40.041(a)(1), ...
  • 19.40.900 Short title
    This chapter may be cited as the uniform fraudulent transfer act.[1987 c 444 § 12.]Notes:      Effective date -- 1987 c 444: See note following RCW ...
  • 19.40.901 Captions not law
    Section headings as used in this chapter do not constitute any part of the law.[1987 c 444 § 13.]Notes:      Effective date -- 1987 c 444: ...
  • 19.40.902 Supplementary provisions
    Unless displaced by the provisions of this chapter, the principles of law and equity, including the law merchant and the law relating to principal and ...
  • 19.40.903 Uniformity of application and construction
    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 ...

Last modified: April 7, 2009