Go To Top capitol dome
Michigan Legislature
Michigan Compiled Laws Complete Through PA 471 of 2016
House: Adjourned until Tuesday, February 21, 2017 1:30:00 PM
Senate: Adjourned until Tuesday, February 21, 2017 10:00:00 AM

Michigan Legislature

Main Content

Act 434 of 1998
Search within this Statute for


Act 434 of 1998

AN ACT to define and regulate fraudulent transfers and conveyances; to set aside and modify certain transfers and conveyances; to make uniform the law of fraudulent transfers; and to repeal acts and parts of acts.

History: 1998, Act 434, Imd. Eff. Dec. 30, 1998

© 2015 Legislative Council, State of Michigan

The People of the State of Michigan enact:

Section 566.31SectionDefinitions.
Section 566.31.amendedSectionDefinitions.
Section 566.32SectionInsolvency.
Section 566.33SectionTransfer for value.
Section 566.34SectionTransfer with intent to defraud.
Section 566.34.amendedSectionTransfer with intent to defraud.
Section 566.35SectionTransfer by debtor as fraud.
Section 566.36SectionCompletion of transfer; perfection.
Section 566.37SectionAction for relief against transfer or obligation; right of creditor to execution on asset or proceeds.
Section 566.38SectionTransfer or obligation not voidable; recovery of judgment; rights of good-faith transferee or obligee.
Section 566.39SectionCause of action; extinguishment.
Section 566.39.amendedSectionCause of action; extinguishment.
Section 566.40SectionSupplemental principles of law and equity.
Section 566.41SectionApplication and construction of act.
Section 566.42SectionShort title.
Section 566.43SectionRepeal of MCL 566.11 to 566.23.
up icon