Statute · California Civil Code
Cal. Civ. Code § 3439.05 — Uniform Voidable Transactions Act
Cal. Civ. Code § 3439.05
- Type
- Statute
- Source
- California Civil Code
- Jurisdiction
- California
- Date
- 2016-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) A transfer made or obligation incurred by a debtor is voidable as to a creditor whose claim arose before the transfer was made or the obligation was incurred if the debtor made the transfer or incurred the obligation without receiving a reasonably equivalent value in exchange for the…
Citator
Cal. Civ. Code § 3439.05 — Uniform Voidable Transactions Act is in force in the current edition of the Code, and nothing recorded condemns it.
(a) A transfer made or obligation incurred by a debtor is voidable as to a creditor whose claim arose before the transfer was made or the obligation was incurred if the debtor made the transfer or incurred the obligation without receiving a reasonably equivalent value in exchange for the transfer or obligation and the debtor was insolvent at that time or the debtor became insolvent as a result of the transfer or obligation.
(b) A creditor making a claim for relief under subdivision (a) has the burden of proving the elements of the claim for relief by a preponderance of the evidence.