Bona fide purchasers

N.Y. Personal Property Law § 40, under Agreements In Writing; Without Consideration; Fraudulent; Factors.

N.Y. Personal Property Law § 40

§ 40. Bona fide purchasers. This article does not affect or impair the title of a purchaser or incumbrancer for a valuable consideration, unless it appear that such purchaser or incumbrancer had previous notice of the fraudulent intent of his immediate vendor, or of the fraud rendering void the title of such vendor.