111 chapters · 1,481 sections in this title.
RCW 19.40.011 Definitions.
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As used in this chapter:(1) "Affiliate" means:(a) A person that directly or indirectly owns, controls, or holds with power to vote, twenty percent or more of the outstanding voting securities of the debtor, other than a person that holds the securities:(i) As a fiduciary or agent…
RCW 19.40.021 Insolvency.
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(1) A debtor is insolvent if, at a fair valuation, the sum of the debtor's debts is greater than the sum of the debtor's assets.(2) A debtor that is generally not paying the debtor's debts as they become due other than as a result of a bona fide dispute is presumed to be insolven…
RCW 19.40.031 Value.
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(1) Value is given for a transfer or an obligation if, in exchange for the transfer or obligation, property is transferred or an antecedent debt is secured or satisfied, but value does not include an unperformed promise made otherwise than in the ordinary course of the promisor's…
RCW 19.40.041 Transfers voidable as to present and future creditors.
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(1) A transfer made or obligation incurred by a debtor is voidable as to a creditor, whether the creditor's claim arose before or after the transfer was made or the obligation was incurred, if the debtor made the transfer or incurred the obligation:(a) With actual intent to hinde…
RCW 19.40.051 Transfers voidable as to present creditors.
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(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…
RCW 19.40.061 When transfer is made or obligation is incurred.
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For the purposes of this chapter:(1) A transfer is made:(a) With respect to an asset that is real property other than a fixture, but including the interest of a seller or purchaser under a contract for the sale of the asset, when the transfer is so far perfected that a good-faith…
RCW 19.40.071 Remedies of creditors.
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(1) In an action for relief against a transfer or obligation under this chapter, a creditor, subject to the limitations in RCW 19.40.081, may obtain:(a) Avoidance of the transfer or obligation to the extent necessary to satisfy the creditor's claim;(b) An attachment or other prov…
RCW 19.40.081 Defenses, liability, and protection of transferee.
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(1) A transfer or obligation is not voidable under RCW 19.40.041(1) or 19.40.051(1) against a person that took in good faith and for a reasonably equivalent value whether or not given to the debtor or against any subsequent transferee or obligee.(2) To the extent a transfer is av…
RCW 19.40.091 Extinguishment of claim for relief.
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A claim for relief with respect to a transfer or obligation under this chapter is extinguished unless action is brought:(1) Under RCW 19.40.041(1)(a), not later than four years after the transfer was made or the obligation was incurred or, if later, not later than one year after …
RCW 19.40.101 Governing law.
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(1) In this section, the following rules determine a debtor's location:(a) A debtor who is an individual is located at the individual's principal residence.(b) A debtor that is an organization and has only one place of business is located at its place of business.(c) A debtor tha…
RCW 19.40.111 Application to series organization.
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(1) In this section:(a) "Protected series" means an arrangement, however denominated, created by a series organization that, pursuant to the law under which the series organization is organized, has the characteristics set forth in (b) of this subsection.(b) "Series organization"…
RCW 19.40.121 Relation to electronic signatures in global and national commerce act.
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This chapter modifies, limits, or supersedes the electronic signatures in global and national commerce act, 15 U.S.C. Sec. 7001 et seq., but does not modify, limit, or supersede section 101(c) of that act, 15 U.S.C. Sec. 7001(c), or authorize electronic delivery of any of the not…
RCW 19.40.900 Short title.
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This chapter, which was formerly cited as the uniform fraudulent transfer act, may be cited as the uniform voidable transactions act.[ 2017 c 57 s 13; 1987 c 444 s 12.]Notes:Effective date—1987 c 444: See note following RCW 19.40.011.
RCW 19.40.902 Supplementary provisions.
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Unless displaced by the provisions of this chapter, the principles of law and equity, including the law merchant and the law relating to principal and agent, estoppel, laches, fraud, misrepresentation, duress, coercion, mistake, insolvency, or other validating or invalidating cau…
RCW 19.40.903 Uniformity of application and construction.
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This chapter shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this chapter among states enacting it.[ 1987 c 444 s 11.]Notes:Effective date—1987 c 444: See note following RCW 19.40.011.
RCW 19.40.904 Construction—Chapter applicable to state registered domestic partnerships—2009 c 521.
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For the purposes of this chapter, the terms spouse, marriage, marital, husband, wife, widow, widower, next of kin, and family shall be interpreted as applying equally to state registered domestic partnerships or individuals in state registered domestic partnerships as well as to …
RCW 19.40.905 Effect on prior transfers and obligations—2017 c 57.
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(1) Chapter 57, Laws of 2017 applies to a transfer made or obligation incurred on or after July 23, 2017.(2) Chapter 57, Laws of 2017 does not apply to a transfer made or obligation incurred before July 23, 2017.(3) Chapter 57, Laws of 2017 does not apply to a right of action tha…