5105 - Transfers fraudulent as to present creditors. - Pennsylvania Statutes

§ 5105. Transfers fraudulent as to present creditors. 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. Cross References. Section 5105 is referred to in sections 5103, 5108, 5109 of this title.