Every such conveyance shall be presumed fraudulent as against the creditors of the person paying the consideration therefor; and where a fraudulent intent is not disproved, a trust shall in all cases result in favor of prior creditors to the extent of their just demands, and also in favor of subsequent creditors if there be sufficient evidence of fraudulent intent.
K.S.A. 58-2407
Effect as to creditors
Applied in 2 court decisions — leading case Morris v. Kasparek (In Re Kasparek) (2010)
Most recently applied in Morris v. Kasparek (In Re Kasparek) (April 2010)
G.S. 1868, ch. 114, § 7; October 31; R.S. 1923, 67-407.
Official source: Kansas Office of Revisor of Statutes. Reproduced from public-domain Kansas statutes; confirm against the official source for the current text. Not legal advice.