Current as of January 01, 2021 | Updated by FindLaw Staff
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Every conveyance of partnership property and every partnership obligation incurred when the partnership is or will be thereby rendered insolvent, is fraudulent as to partnership creditors, if the conveyance is made or obligation is incurred,
a. To a partner, whether with or without a promise by him to pay partnership debts, or
b. To a person not a partner without fair consideration to the partnership as distinguished from consideration to the individual partners.
Cite this article: FindLaw.com - New York Consolidated Laws, Debtor and Creditor Law - DCD § 277. Conveyance of partnership property - last updated January 01, 2021 | https://codes.findlaw.com/ny/debtor-and-creditor-law/dcd-sect-277.html
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