California § 3439.05. 3439.05. (Amended by Stats. 2015, Ch. 44, Sec. 7.)

California Statutes

§ 3439.05. — 3439.05. (Amended by Stats. 2015, Ch. 44, Sec. 7.)

California·Code CIV Civil Code - CIV·Div. 4. DIVISION 4. GENERAL PROVISIONS·Title 2.·Part 2. TITLE 2. VOID AND VOIDABLE TRANSFERS AND UNDERTAKINGS·Ch. 1. CHAPTER 1. Uniform Voidable Transactions Act

(a)A transfer made or obligation incurred by a debtor is voidable as to a creditor whose claim arose before the transfer was made or the obligation was incurred if the debtor made the transfer or incurred the obligation without receiving a reasonably equivalent value in exchange for the transfer or obligation and the debtor was insolvent at that time or the debtor became insolvent as a result of the transfer or obligation.

(b)A creditor making a claim for relief under subdivision (a) has the burden of proving the elements of the claim for relief by a preponderance of the evidence.

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(a)
A transfer made or obligation incurred by a debtor is voidable as to a creditor whose claim arose before the transfer was made or the obligation was incurred if the debtor made the transfer or incurred the obligation without receiving a reasonably equivalent value in exchange for the transfer or obligation and the debtor was insolvent at that time or the debtor became insolvent as a result of the
transfer or obligation.
(b)
A creditor making a claim for relief under subdivision (a) has the burden of proving the elements of the claim for relief by a preponderance of the evidence.

California § 3439.05. (3439.05. (Amended by Stats. 2015, Ch. 44, Sec. 7.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.