State Codes and Statutes

Statutes > New-york > Dcd > Article-10 > 274

§  274.  Conveyances  by  persons  in  business. Every conveyance made  without fair consideration when the person making it is  engaged  or  is  about  to  engage  in  a  business or transaction for which the property  remaining in his hands after the conveyance  is  an  unreasonably  small  capital,  is  fraudulent  as  to  creditors  and as to other persons who  become creditors during the continuance of such business or  transaction  without regard to his actual intent.

State Codes and Statutes

Statutes > New-york > Dcd > Article-10 > 274

§  274.  Conveyances  by  persons  in  business. Every conveyance made  without fair consideration when the person making it is  engaged  or  is  about  to  engage  in  a  business or transaction for which the property  remaining in his hands after the conveyance  is  an  unreasonably  small  capital,  is  fraudulent  as  to  creditors  and as to other persons who  become creditors during the continuance of such business or  transaction  without regard to his actual intent.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Dcd > Article-10 > 274

§  274.  Conveyances  by  persons  in  business. Every conveyance made  without fair consideration when the person making it is  engaged  or  is  about  to  engage  in  a  business or transaction for which the property  remaining in his hands after the conveyance  is  an  unreasonably  small  capital,  is  fraudulent  as  to  creditors  and as to other persons who  become creditors during the continuance of such business or  transaction  without regard to his actual intent.