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Argument for UFTA Including Future Creditors

LawThere is disagreement over whether fraudulent transfer laws include those made against “future creditors.” An argument that “future creditors” are included comes from the language of  Section 4 of the Uniform Fraudulent Transfer Act (“UFTA”), which includes “future creditors” in the title and the phrase “whether the creditor’s claim arose before or after the transfer was made or the obligation was incurred” in paragraph (a) of Section 4.

See Jay Adkisson, The Fraudulent Transfer Laws Do Indeed Apply To Future Creditors, Forbes, Apr. 27, 2015.

Special thanks to Jim Hillhouse for bringing this article to my attention.