Law Dictionary

Uniform Fraudulent Conveyance Act (UFCA)

Law

legal Definition of Uniform Fraudulent Conveyance Act

set of laws adopted in 1918 by a national commission on uniform state laws seeking to address the issue of conveyances made by an insolvent or bankrupt debtor who attempts to defraud a creditor. Some conveyances were presumed fraudulent while others required that there be actual intent to commit fraud. The Act has been replaced in most states by the Uniform Fraudulent Transfer Act.

Seen and Heard

What made you want to look up Uniform Fraudulent Conveyance Act? Please tell us where you read or heard it (including the quote, if possible).

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!