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NH HB1127
Bill
Status
12/1/2025
Primary Sponsor
Bob Lynn
Click for details
AI Summary
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Repeals RSA 545-A (Uniform Fraudulent Transfer Act) and replaces it with new RSA 545-B (Uniform Voidable Transactions Act), modernizing New Hampshire's law on fraudulent conveyances
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Allows creditors to void transfers made by debtors with actual intent to hinder, delay, or defraud creditors, or transfers made without reasonably equivalent value when the debtor was insolvent or left with unreasonably small assets
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Establishes specific factors courts may consider when determining fraudulent intent, including transfers to insiders, concealment, retention of control over transferred property, and timing relative to debts or lawsuits
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Sets statute of limitations at 4 years for most voidable transfer claims, with a 1-year discovery extension for actual fraud cases and a 1-year limit for insider preference claims
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Applies prospectively to transfers made on or after the effective date (60 days after passage), while preserving existing law for pre-enactment transfers and accrued rights of action
Legislative Description
Relative to the uniform voidable transactions act.
Last Action
Ought to Pass with Amendment 2026-0880h: Motion Adopted Voice Vote 03/11/2026 House Journal 7
3/11/2026