Transfer of property void when intended to defraud government revenue; exceptions for adequate consideration, good faith, or prior permission. A transfer or charge on property created after a tax or other amount has become due is void against claims for that tax or sum if intended to defraud Government revenue, but not if made for adequate consideration, in good faith and without notice of proceedings or the tax payable, or with prior permission of the proper officer.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Transfer of property void when intended to defraud government revenue; exceptions for adequate consideration, good faith, or prior permission.
A transfer or charge on property created after a tax or other amount has become due is void against claims for that tax or sum if intended to defraud Government revenue, but not if made for adequate consideration, in good faith and without notice of proceedings or the tax payable, or with prior permission of the proper officer.
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