Section 274. Conveyances by persons in business  


Latest version.
  • Every conveyance made
      without fair consideration when the person making it is  engaged  or  is
      about  to  engage  in  a  business or transaction for which the property
      remaining in his hands after the conveyance  is  an  unreasonably  small
      capital,  is  fraudulent  as  to  creditors  and as to other persons who
      become creditors during the continuance of such business or  transaction
      without regard to his actual intent.