§ 3439.05
102 words·~1 min read·
/ca/civil-code/3439-05A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(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 creditor making a claim for relief under subdivision
(a)has the burden of proving the elements of the claim for relief by a preponderance of the evidence.