N.Y. Personal Property Law Section 38
Transfers or charges without consideration


A transfer or charge shall not be adjudged fraudulent as against creditors or purchasers, solely on the ground that it was not founded on a valuable consideration.

Source: Section 38 — Transfers or charges without consideration, https://www.­nysenate.­gov/legislation/laws/PEP/38 (updated Sep. 22, 2014; accessed Jun. 22, 2024).

Accessed:
Jun. 22, 2024

Last modified:
Sep. 22, 2014

§ 38’s source at nysenate​.gov

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