N.Y. PEP Law § 38
This is the official text of N.Y. PEP Law § 38, part of New York’s PEP Law — part of the compiled statutory law of New York, published by the state as "PEP Law." Browse the sections below, each linked to its official government source.
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Transfers or charges without consideration
Official statutory text
§ 38. Transfers or charges without consideration. A transfer or charge\nshall not be adjudged fraudulent as against creditors or purchasers,\nsolely on the ground that it was not founded on a valuable\nconsideration.\n
Status: in_force · Read it on the official government site
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