Bona fide conveyance for value
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 17 U.S. 503 - Wheaton v. Sexton's Lessee · 1819Most cited · 30 citing opinions
We know of no law which avoids a deed, where a valuable (by which, to a general intent must also be understood adequate) consideration is paid, and the change of property be bona fide, or such as it professes to be. Of such a contract, it cannot be predicated, that it is with intent to defeat or defraud creditors, since, although the property itself no longer remains subject to the judgment, a substitute is furnished by which that judgment may be satisfied.