Washington § 19.40.051 - Transfers voidable as to present creditors.

Full text of Washington Revised Code of Washington § 19.40.051 — Transfers voidable as to present creditors., with citation guidance and answers to common questions.

§ 19.40.051. Transfers voidable as to present creditors.

(1) 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.
(2) 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.
(3) Subject to RCW 19.40.021(2), a creditor making a claim for relief under subsection (1) or (2) of this section has the burden of proving the elements of the claim for relief by a preponderance of the evidence.
[ 2017 c 57 s 5; 1987 c 444 s 5.]

Notes

Effective date—1987 c 444: See note following RCW 19.40.011.

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 19.40.051

What does Revised Code of Washington § 19.40.051 cover?

Section 19.40.051 ("Transfers voidable as to present creditors.") is part of the Revised Code of Washington, the codified statutory law of Washington. 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 Washington § 19.40.051?

A common citation format is "Revised Code of Washington § 19.40.051" (Washington). 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 Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 19.40.051 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

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