HB113 Alabama 2016 Session
Bill Summary
Under existing law, the Alabama Fraudulent Transfer Act prohibits the fraudulent transfer of assets
This bill would provide that a transfer includes those transfers made pursuant to a divorce settlement or domestic settlement for purposes of the Alabama Fraudulent Transfer Act
This bill would provide that the act is declaratory of existing law and does not change existing law
Relating to the Alabama Fraudulent Transfer Act; to amend Section 8-9A-1 of the Code of the Alabama 1975; to provide that a transfer includes those transfers made pursuant to a divorce settlement or domestic settlement for purposes of the Alabama Fraudulent Transfer Act; and to clarify that this act is declaratory in nature and not intended to change existing law.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 3, 2016 | H | Read for the first time and referred to the House of Representatives committee on Judiciary |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB113 Alabama 2016 Session - Introduced |