Section 15-204 - Conveyance by insolvent.
§ 15-204. Conveyance by insolvent.
Every conveyance made and every obligation incurred by a person who is or will be rendered insolvent by it is fraudulent as to creditors without regard to his actual intent, if the conveyance is made or the obligation is incurred without a fair consideration.
[An. Code 1957, art. 39B, § 4; 1975, ch. 49, § 3.]