New Jersey Statutes 2A:20-7. Conveyances by debtor after arrest void; recovery by assignee
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Terms Used In New Jersey Statutes 2A:20-7
- Arrest: Taking physical custody of a person by lawful authority.
- person: includes corporations, companies, associations, societies, firms, partnerships and joint stock companies as well as individuals, unless restricted by the context to an individual as distinguished from a corporate entity or specifically restricted to one or some of the above enumerated synonyms and, when used to designate the owner of property which may be the subject of an offense, includes this State, the United States, any other State of the United States as defined infra and any foreign country or government lawfully owning or possessing property within this State. See New Jersey Statutes 1:1-2
All conveyances, deeds, mortgages, judgments, sales, transfers, assignments or other disposition of, for or upon any of his estate, real or personal, made, given or executed after his arrest by any debtor shall be void as against his creditors and the assignee appointed hereunder.
The assignee may recover such estate or the value thereof against any person who may have purchased or in any manner come into the possession thereof after such arrest.
The right and remedies conferred by this section shall be in addition to those conferred by section 2A:19-3 of this title.
L.1951 (1stSS), c.344.