§ 38. Transfers or charges without consideration. A transfer or charge\nshall not be adjudged fraudulent as against creditors or purchasers,\nsolely on the ground that it was not founded on a valuable\nconsideration.\n
N.Y. Pers. Prop. Law § 38
Transfers or charges without consideration
2014-09-22
Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.