Codeuvta06whentransfermade
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SECTION 6. WHEN TRANSFER IS MADE OR OBLIGATION IS INCURRED. For the purposes of this [Act]:
§ 6(1) a transfer is made:
§ 6(2) if applicable law permits the transfer to be perfected as provided in paragraph (1) and the transfer is not so perfected before the commencement of an action for relief under this [Act], the transfer is deemed made immediately before the commencement of the action;
§ 6(3) if applicable law does not permit the transfer to be perfected as provided in paragraph (1), the transfer is made when it becomes effective between the debtor and the transferee;
§ 6(4) a transfer is not made until the debtor has acquired rights in the asset transferred; and
§ 6(5) an obligation is incurred: