Uniform Voidable Transactions Act

Oregon · Uniform Voidable Transactions Act · §§ 95.010 to 95.310 · 25 sections

Overview

The act governs the relationship between debtors and their creditors and the circumstances in which a transfer of property or an obligation incurred by a debtor can be undone because it unfairly interferes with a creditor's ability to collect. It supplies the operative definitions and tests — what counts as value, when a debtor is insolvent, when a transfer is treated as made, and when actual intent to defraud or the absence of reasonably equivalent value renders a transfer voidable — and it specifies the relief available to a creditor, the conditions under which a judgment may be entered against a transferee, the deadline for bringing an action, and where suit may be filed. It also regulates assignments a debtor makes for the benefit of creditors, requiring that the deed of assignment be executed, filed, and recorded together with sworn statements and a list of the assignor's property and creditors, that the assignee post bond and then administer and distribute the estate, and it sets out who may sue to set an assignment aside, what must be proved, and how creditors are notified and paid.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.

In the courts

Sections of this act have been cited in 125 court decisions.

Most-cited authority: 132 Or. App. 216 - Morris v. Nance

Sections covered

ORS 95.010Property Rights and Transactions › Uniform Voidable Transactions Act
ORS 95.020Property Rights and Transactions › Uniform Voidable Transactions Act
ORS 95.030Property Rights and Transactions › Uniform Voidable Transactions Act
ORS 95.040Property Rights and Transactions › Uniform Voidable Transactions Act
ORS 95.050Property Rights and Transactions › Uniform Voidable Transactions Act
ORS 95.060Property Rights and Transactions › Uniform Voidable Transactions Act
ORS 95.070Property Rights and Transactions › Uniform Voidable Transactions Act
ORS 95.080Property Rights and Transactions › Uniform Voidable Transactions Act
ORS 95.090Property Rights and Transactions › Uniform Voidable Transactions Act
ORS 95.100Property Rights and Transactions › Uniform Voidable Transactions Act
ORS 95.200Property Rights and Transactions › Uniform Voidable Transactions Act37 cites
ORS 95.210Property Rights and Transactions › Uniform Voidable Transactions Act
ORS 95.220Property Rights and Transactions › Uniform Voidable Transactions Act3 cites
ORS 95.230Property Rights and Transactions › Uniform Voidable Transactions Act27 cites
ORS 95.240Property Rights and Transactions › Uniform Voidable Transactions Act18 cites
ORS 95.250Property Rights and Transactions › Uniform Voidable Transactions Act1 cite
ORS 95.260Property Rights and Transactions › Uniform Voidable Transactions Act16 cites
ORS 95.270Property Rights and Transactions › Uniform Voidable Transactions Act12 cites
ORS 95.280Property Rights and Transactions › Uniform Voidable Transactions Act3 cites
ORS 95.283Property Rights and Transactions › Uniform Voidable Transactions Act
ORS 95.286Property Rights and Transactions › Uniform Voidable Transactions Act
ORS 95.290Property Rights and Transactions › Uniform Voidable Transactions Act1 cite
ORS 95.300Property Rights and Transactions › Uniform Voidable Transactions Act2 cites
ORS 95.305Property Rights and Transactions › Uniform Voidable Transactions Act
ORS 95.310Property Rights and Transactions › Uniform Voidable Transactions Act5 cites

Enacted in other states

Alabama, Arkansas, California, Georgia, Iowa, Idaho, Indiana, Kentucky, Minnesota, North Carolina, New Jersey, New Mexico, Pennsylvania, Rhode Island, Vermont

All Oregon named statutes →

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