SEARCH SITE

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

2012 SESSION

  • | print version

SB 164 Fraudulent conveyance and voluntary transfer; power of court to set aside, sanctions.

Introduced by: J. Chapman Petersen | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Fraudulent and voluntary conveyances; power of court to set aside; sanctions.  Authorizes the court to set aside a fraudulent or voluntary conveyance during an action brought by a creditor to execute on a judgment, either on the motion of the creditor or on its own motion. The bill also allows the court to assess sanctions, including attorney fees, against any party over which it has jurisdiction who is found to have participated in the conveyance with the intent to defraud.


FULL TEXT

AMENDMENTS

HISTORY