2020 Senate Bill 1236

Update “fraudulent transactions” law

Introduced in the Senate

Dec. 3, 2020

Introduced by Sen. Pete Lucido (R-8)

To update a “uniform fraudulent transfer act” based on a model created by a national Uniform Law Commission for “providing remedies for certain transactions by a debtor that are unfair to the debtor’s creditors,” so as to “coincide” with changes to a “qualified dispositions in trust act”.

Referred to the Committee on Insurance and Banking