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.
Love words? Need even more definitions?Merriam-Webster unabridged
Words at Play
Ask the Editors