Indiana Uniform Voidable Transactions Act

The House Judiciary Committee heard SB 316, sponsored by Rep. Washburne, enacting the Indiana Uniform Voidable Transactions Act, governing the ability of a creditor to nullify certain transfers made by a debtor. The bill also specifies that comments released by a committee of the National Conference of Commissioners on Uniform State Laws shall not be considered as authority in interpreting the Act.

The bill passed 12-0.

Read the bill at http://iga.in.gov/legislative/2017/bills/senate/316