Legislation
SECTION 38
Transfers or charges without consideration
Personal Property (PEP) CHAPTER 41, ARTICLE 3
§ 38. Transfers or charges without consideration. A transfer or charge
shall not be adjudged fraudulent as against creditors or purchasers,
solely on the ground that it was not founded on a valuable
consideration.
shall not be adjudged fraudulent as against creditors or purchasers,
solely on the ground that it was not founded on a valuable
consideration.