Statute · California Civil Code
Cal. Civ. Code § 3439.03 — Uniform Voidable Transactions Act
Cal. Civ. Code § 3439.03
- Type
- Statute
- Source
- California Civil Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Value is given for a transfer or an obligation if, in exchange for the transfer or obligation, property is transferred or an antecedent debt is secured or satisfied, but value does not include an unperformed promise made otherwise than in the ordinary course of the promisor’s business to furnish…
Citator
Cal. Civ. Code § 3439.03 — Uniform Voidable Transactions Act is in force in the current edition of the Code, and nothing recorded condemns it.
Value is given for a transfer or an obligation if, in exchange for the transfer or obligation, property is transferred or an antecedent debt is secured or satisfied, but value does not include an unperformed promise made otherwise than in the ordinary course of the promisor’s business to furnish support to the debtor or another person.