Indiana § 32-18-2-15 - Transfers voidable as to present creditors; creditor's burden of proof
Full text of Indiana Indiana Code § 32-18-2-15 — Transfers voidable as to present creditors; creditor's burden of proof, with citation guidance and answers to common questions.
§ 32-18-2-15. Transfers voidable as to present creditors; creditor's burden of proof
Sec. 15. (a) A transfer made or an obligation incurred by a debtor is voidable as to a creditor whose claim arose before the transfer was made or the obligation was incurred if:
(1) the debtor made the transfer or incurred the obligation without receiving a reasonably equivalent value in exchange for the transfer or obligation; and
(2) the debtor:
(A) was insolvent at that time; or
(B) became insolvent as a result of the transfer or obligation.
(b) Subject to section 12(d) of this chapter, a creditor making a claim for relief under this section has the burden of proving the elements of the claim for relief by a preponderance of the evidence.
[Pre-2002 Recodification Citation: 32-2-7-15.]
As added by P.L.2-2002, SEC.3. Amended by P.L.61-2017, SEC.14.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 32-18-2-15
What does Indiana Code § 32-18-2-15 cover?
Section 32-18-2-15 ("Transfers voidable as to present creditors; creditor's burden of proof") is part of the Indiana Code, the codified statutory law of Indiana. 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 Indiana § 32-18-2-15?
A common citation format is "Indiana Code § 32-18-2-15" (Indiana). 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 Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 32-18-2-15 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana 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 Indiana.