fraudulent in law
Defined in 1 dictionary — Case Law
Definitions from Case Law
From 268 U.S. 353 - Benedict v. Ratner · 1925Most cited · 378 citing opinions
A transfer of property as security which reserves to the transferor the right to dispose of the same, or to apply the proceeds thereof, for his own uses, is, as to creditors, fraudulent in law and void.