Definition ~ Creditor

Creditor Definition Mainuvta0104definitioncreditor

"CREDITOR" DEFINED


#definedcreditor


§1(4) “Creditor” means a person that has a claim.

Reporter's Comment: 4.
The definition of “creditor” in combination with the definition of “claim” has substantially the same effect as the definition of “creditor” under § 1 of the Uniform Fraudulent Conveyance Act.
As under that Act, the holder of an unliquidated tort claim or a contingent claim may be a creditor protected by this Act.

COURT OPINIONS: DEFINITION OF CREDITOR

Foisie v. Worcester Polytechnic Institute, 2020 WL 4249670 (1st Cir., July 24, 2020).





"CREDITOR" OPINIONS


© 2022 Jay D. Adkisson. All rights reserved. No claim to government works or the works of the Uniform Law Commission. The information contained in this website is for general educational purposes only, does not constitute any legal advice or opinion, and should not be relied upon in relation to particular cases. Use this information at your own peril; it is no substitute for the legal advice or opinion of an attorney licensed to practice law in the appropriate jurisdiction. This site https://voidabletransactions.com Contact: jay [at] jayad.com or by phone to 702-953-9617.