§ 58-2407 — Same; effect as to creditors

Every such conveyance shall be presumed fraudulent as against the creditors of the person paying the consideration therefor; and where a fraudulent intent is not disproved, a trust shall in all cases result in favor of prior creditors to the extent of their just demands, and also in favor of subsequent creditors if there be sufficient evidence of fraudulent intent.

Legislative History

G.S. 1868, ch. 114, § 7; October 31; R.S. 1923, 67-407.