[CHAPTER 651C]

UNIFORM FRAUDULENT TRANSFER ACT

Section

651C-1 Definitions

651C-2 Insolvency

651C-3 Value

651C-4 Transfers fraudulent as to present and future creditors

651C-5 Transfers fraudulent as to present creditors

651C-6 When transfer is made or obligation is incurred

651C-7 Remedies of creditors

651C-8 Defenses, liability, and protection of transferee

651C-9 Extinguishment of cause of action

651C-10 Supplement of provisions

Case Notes

Where a creditor alleges a fraudulent transfer of property from a judgment debtor to a transferee who retains title to the subject property or who claims an interest in the property or its proceeds, the transferee is a necessary party to any action seeking to set aside the transfer. Such an action for relief against a transfer alleged to be fraudulent should be brought pursuant to this chapter, and should expressly name as defendants the alleged fraudulent transferees. 76 H. 32, 868 P.2d 450.

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