CA AB2667

Amends Section 3440.1 of the Civil Code regarding fraudulent transfers of personal property

Revises the financing statement requirement by mandating that the transferor or transferee file a financing statement that is "authorized in an authenticated record by the transferor" prior to the intended transfer date

Requires the financing statement to be filed with the Secretary of State in accordance with Chapter 5 of Division 9 of the Commercial Code, with terminology modified to use "transferor" instead of "debtor" and "transferee" instead of "secured party"

Maintains existing requirement that transferor or transferee publish notice of the intended transfer in a newspaper of general circulation at least 10 days before the transfer occurs, including details about the parties, property character, location, and transfer date