54-1-3. Debtor's contract valid in the absence of fraud.
32 words·~1 min read·
/sd/title-54/chapter-54-1/54-1-3A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In the absence of fraud every contract of a debtor is valid against all his creditors, existing or subsequent, who have not acquired a lien on the property affected by such contract.