Mississippi Legislature
2006 Regular Session

Senate Bill 2781

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Bill Text

History of Actions

Background

Title

Description: Property; enact Uniform Fraudulent Transfer Act (NCCUSL).

Bill Text: [Introduced] [Committee Substitute] [Passed Senate] [Sent to Governor]

History of Actions:

1 01/16 (S) Referred To Judiciary, Division A
2 01/25 (S) Title Suff Do Pass Comm Sub
3 02/07 (S) Committee Substitute Adopted
4 02/07 (S) Passed
5 02/09 (S) Transmitted To House
6 02/10 (H) Referred To Judiciary A
7 02/21 (H) Title Suff Do Pass
8 03/02 (H) Passed
9 03/03 (H) Transmitted To Senate
10 03/06 (S) Enrolled Bill Signed
11 03/07 (H) Enrolled Bill Signed
12 03/13 Approved by Governor

Background Information:

Effective dateJuly 1, 2006
DispositionLaw
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority
Chapter number371

Senate Committee:

House Committee:

Principal Author: Doxey

Code Sections: A 011-0005-0075, RP 015-0003-0003

Title: AN ACT TO CREATE THE UNIFORM FRAUDULENT TRANSFER ACT; TO DEFINE CERTAIN TERMS; TO PROVIDE FOR INSOLVENCY UNDER THIS ACT; TO SPECIFY VALUE UNDER THIS ACT; TO PROVIDE FOR FRAUDULENT TRANSFERS AS TO PRESENT AND FUTURE CREDITORS; TO SPECIFY WHEN A TRANSFER IS MADE OR OBLIGATION IS INCURRED; TO PROVIDE REMEDIES OF CREDITORS; TO PROVIDE FOR DEFENSES, LIABILITY AND PROTECTION OF TRANSFEREES; TO PROVIDE FOR THE EXTINGUISHMENT OF A CAUSE OF ACTION; TO AMEND SECTION 11-5-75, MISSISSIPPI CODE OF 1972, IN CONFORMITY TO THE PROVISIONS OF THIS ACT; TO REPEAL SECTION 15-3-3, MISSISSIPPI CODE OF 1972, WHICH DECLARES FRAUDULENT CONVEYANCES TO BE VOID; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 04/07/06 at 08:00.

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