Bill
Bill > H46
MA H46
To rename the Uniform Fraudulent Transfer Act and make other amendments thereto
summary
Introduced
01/23/2017
01/23/2017
In Committee
01/23/2017
01/23/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
190th General Court
Bill Summary
So much of the recommendations of the Commission on Uniform State Laws (House, No. 42) as relates to renaming the Uniform Fraudulent Transfer Act and making other amendments thereto. The Judiciary.
AI Summary
This bill renames the Uniform Fraudulent Transfer Act to the Uniform Voidable Transactions Act and makes other amendments to the law. The key changes include: renaming the act, updating definitions, modifying the standards for determining insolvency and voidable transactions, shifting the burden of proof in certain situations, and clarifying the application of the law to series organizations and electronic transactions. Overall, the bill aims to modernize and clarify the law governing voidable transactions.
Committee Categories
Justice
Sponsors (0)
No sponsors listed
Last Action
Accompanied a study order, see H4874 (on 08/09/2018)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/190/H46 |
| Bill | https://malegislature.gov/Bills/190/H46.pdf |
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