N.H. Rev. Stat. Ann. § 545-A:5

Transfers Fraudulent as to Present Creditors

Known as the Uniform Fraudulent Transfer Act

The act spans §§ 545-A:1 to 545-A:9 (12 sections).

Applied in 1 court decision — leading case Bezanson v. Atlantic Battery Co. (In re Surrette Storage Battery Co.) (1989)

Most recently applied in Bezanson v. Atlantic Battery Co. (In re Surrette Storage Battery Co.) (December 1989)

Source. 1987, 215:1, eff

I. A transfer made or obligation incurred by a debtor is fraudulent as to a creditor whose claim arose before the transfer was made or the obligation was incurred if the debtor made the transfer or incurred the obligation without receiving a reasonably equivalent value in exchange for the transfer or obligation and the debtor was insolvent at that time or the debtor became insolvent as a result of the transfer or obligation.

II. A transfer made by a debtor is fraudulent as to a creditor whose claim arose before the transfer was made if the transfer was made to an insider for an antecedent debt, the debtor was insolvent at that time, and the insider had reasonable cause to believe that the debtor was insolvent.

Official source: New Hampshire General Court. Reproduced from public-domain New Hampshire statutes; confirm against the official source for the current text. Not legal advice.