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Rhode Island · Through site files published 2025-08-13 · Newer source version available

R.I. Gen. Laws § 6-16-5: Transfers or obligations voidable as to present creditors.

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Where this section sits in the code
  1. Title 6 Commercial Law — General Regulatory Provisions
  2. Chapter 16 Uniform Voidable Transactions Act

(a) 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 for the transfer or obligation and the debtor was insolvent at that time or the debtor became insolvent as a result of the transfer or obligation.

(b) A transfer made by a debtor is voidable as to a creditor whose claim arose before the transfer was made if the transfer was made to an insider for an antecedent debt; the debtor was insolvent at that time; and the insider had reasonable cause to believe that the debtor was insolvent.

(c) Subject to § 6-16-2(b), a creditor making a claim for relief under subsection (a) or (b) of this section has the burden of proving the elements of the claim for relief by a preponderance of the evidence.

Collected 2026-09-05T17:10:29Z. Source file · JSON

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