New Jersey § 25:2-27
Full text of New Jersey New Jersey Statutes § 25:2-27, with citation guidance and answers to common questions.
§ 25:2-27.
a. A transfer made or 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 the debtor made the transfer or incurred the obligation without receiving
a reasonably equivalent value in exchange for the transfer or obligation and the debtor
was insolvent at that time or the debtor became insolvent as a result of the transfer
or obligation. b. A transfer made by a debtor is voidable as to a creditor whose claim arose before the transfer was made if the transfer was
made to an insider for an antecedent debt, the debtor was insolvent at that time,
and the insider had reasonable cause to believe that the debtor was insolvent. c. Subject to subsection b. of R.S.25:2-23 , a creditor making a claim for relief under subsection a. or b. of this section has
the burden of proving the elements of the claim for relief by a preponderance of the
evidence.
Frequently Asked Questions About New Jersey § 25:2-27
What does New Jersey Statutes § 25:2-27 cover?
Section 25:2-27 is part of the New Jersey Statutes, the codified statutory law of New Jersey. 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 New Jersey § 25:2-27?
A common citation format is "New Jersey Statutes § 25:2-27" (New Jersey). 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 New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 25:2-27 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey 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 New Jersey.