Uniform Fraudulent Conveyance Act(UFCA)

Law

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.

Dictionary Entries Near Uniform Fraudulent Conveyance Act

Cite this Entry

“Uniform Fraudulent Conveyance Act.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/Uniform%20Fraudulent%20Conveyance%20Act. Accessed 19 Apr. 2024.

Love words? Need even more definitions?

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