Motion to Read a Third Time and Pass
Yes
28
Absent
7
SB252 Alabama 2017 Session
Updated Jul 24, 2021
Summary
- Primary Sponsor
Rodger SmithermanSenatorDemocrat- Session
- Regular Session 2017
- Title
- Alabama Uniform Voidable Transfers Act, adopted, creditors, procedures to reach assets transferred to prevent seizure established, Secs. 8-9B-1 to 8-9B-17, inclusive, added
- Description
Under existing law, Alabama has adopted the Uniform Fraudulent Transfers Act (UFTA). Under existing law, the UFTA establishes procedures by which a creditor may reach assets a debtor has transferred to another person in order to prevent the assets from being used to settle a debt.
This bill would adopt the Uniform Voidable Transfers Act to replace the UFTA for transactions occurring after January 1, 2018. This bill would establish an updated procedure by which a creditor may reach assets a debtor has transferred to another person in order to prevent the assets from being used to settle a debt.
- Subjects
- Property, Real and Personal
Bill Actions
H
Judiciary first Amendment Offered
H
Pending third reading on day 20 Favorable from Judiciary with 1 amendment
H
Read for the second time and placed on the calendar 1 amendment
H
Read for the first time and referred to the House of Representatives committee on Judiciary
S
Motion to Read a Third Time and Pass adopted Roll Call 422
S
Third Reading Passed
S
Read for the second time and placed on the calendar
S
Read for the first time and referred to the Senate committee on Judiciary
Bill Text
Votes
Documents
Source: Alabama Legislature