Alabama § 8-9A-5 - Transfers Fraudulent as to Present Creditors.
Full text of Alabama Code of Alabama § 8-9A-5 — Transfers Fraudulent as to Present Creditors., with citation guidance and answers to common questions.
§ 8-9A-5. Transfers Fraudulent as to Present Creditors.
(a) A transfer made by a debtor is fraudulent as to a creditor whose claim arose before the transfer was made if the debtor made the transfer without receiving a reasonably equivalent value in exchange for the transfer and the debtor was insolvent at that time or the debtor became insolvent as a result of the transfer.
(b) A transfer made by a debtor is fraudulent as to a creditor whose claim arose before the transfer was made if the transfer was made to an insider for an antecedent debt and the debtor was insolvent at that time and the insider had reasonable cause to believe that the debtor was insolvent.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 8-9A-5
What does Code of Alabama § 8-9A-5 cover?
Section 8-9A-5 ("Transfers Fraudulent as to Present Creditors.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 8-9A-5?
A common citation format is "Code of Alabama § 8-9A-5" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 8-9A-5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.