N.J. Stat. § 25:2-1 — NJ Code / Title 25 / Chapter 2 / Section 2-1
Conveyances of personal property in trust for use of persons making them void as to creditors.
Status: in_force

25:2-1. Conveyances of personal property in trust for use of persons making them void as to creditors. a. Except as provided in subsection b. of this section, every deed of gift and every conveyance, transfer and assignment of goods, chattels or things in action, made in trust for the use of the person making the same, shall be void as against creditors. b. Notwithstanding the provisions of any other law to the contrary, any property held in a qualifying trust and any distributions from a qualifying trust, regardless of the distribution plan elected for the qualifying trust, shall be exempt from all claims of creditors and shall be excluded from an estate in bankruptcy, except that: (1) no exemption shall be allowed for any preferences or fraudulent conveyances made in violation of the "Uniform Voidable Transactions Act," R.S.25:2-20 et seq., or any other State or federal law;
(2) no qualifying trust shall be exempt from the claims under any order for child support or spousal support or of an alternate payee under a qualified domestic relations order. However, the interest of any alternate payee under a qualified domestic relations order is exempt from all claims of any creditor of the alternate payee. As used in this paragraph, the terms "alternate payee" and "qualified domestic relations order" have the meanings ascribed to them in section 414(p) of the federal Internal Revenue Code of 1986 (26 U.S.C. s.414(p)); and (3) no qualifying trust shall be exempt from any punitive damages awarded in a civil action arising from manslaughter or murder. For purposes of this section, a "qualifying trust" means a trust created or qualified and maintained pursuant to federal law, including, but not limited to, section 401, 403, 408, 408A, 409, 529 or 530 of the federal Internal Revenue Code of 1986 (26 U.S.C. s.401, 403, 408, 408A, 409, 529 or 530). amended 1993, c.177; 2001, c.153; 2021, c.92, s.27.
N.J. Stat. § 25:2-27 — NJ Code / Title 25 / Chapter 2 / Section 2-27
Transfer or obligation voidable as to present creditor.
Status: in_force

25:2-27. Transfer or obligation voidable as to present creditor. a. A transfer made or obligation incurred by a debtor is voidable as to a creditor whose claim arose before the transfer was made or the obligation was incurred if the debtor made the transfer or incurred the obligation without receiving a reasonably equivalent value in exchange for the transfer or obligation and the debtor was insolvent at that time or the debtor became insolvent as a result of the transfer or obligation. b. A transfer made by a debtor is voidable as to a creditor whose claim arose before the transfer was made if the transfer was made to an insider for an antecedent debt, the debtor was insolvent at that time, and the insider had reasonable cause to believe that the debtor was insolvent. c. Subject to subsection b. of R.S.25:2-23, a creditor making a claim for relief under subsection a. or b. of this section has the burden of proving the elements of the claim for relief by a preponderance of the evidence. amended 2021, c.92, s.8.
N.J. Stat. § 25:2-33 — NJ Code / Title 25 / Chapter 2 / Section 2-33
Uniformity of application and construction.
Status: in_force

25:2-33. Uniformity of application and construction. The "Uniform Voidable Transactions Act," R.S.25:2-20 et seq., shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this article among states enacting it. amended 2021, c.92, s.15.
N.J. Stat. § 25:1-11 — NJ Code / Title 25 / Chapter 1 / Section 1-11
Writing requirement, conveyances of an interest in real estate
Status: in_force

2. Writing Requirement, Conveyances of an Interest in Real Estate. a. A transaction intended to transfer an interest in real estate shall not be effective to transfer ownership of the interest unless: (1) a description of the real estate sufficient to identify it, the nature of the interest, the fact of the transfer and the identity of the transferor and the transferee are established in a writing signed by or on behalf of the transferor; or (2) the transferor has placed the transferee in possession of the real estate as a result of the transaction and the transferee has paid all or part of the consideration for the transfer or has reasonably relied on the effectiveness of the transfer to the transferee's detriment. b. A transaction which does not satisfy the requirements of this section shall not be enforceable except as an agreement to transfer an interest in real estate under section 4 of this act. c. This section shall not apply to leases. d. This section shall not apply to the creation of easements by prescription or implication. Source: R.S.25:1-1, 25:1-2. L.1995,c.360,s.2.
N.J. Stat. § 25:2-36 — NJ Code / Title 25 / Chapter 2 / Section 2-36
Relation to "Electronic Signatures in Global and National Commerce Act."
Status: in_force

16. Relation to "Electronic Signatures in Global and National Commerce Act." This article modifies, limits, and supersedes the "Electronic Signatures in Global and National Commerce Act," 15 U.S.C. s.7001 et seq., but does not modify, limit, or supersede section 101(c) of that act, 15 U.S.C. s.7001(c), or authorize electronic delivery of any of the notices described in section 103(b) of that act, 15 U.S.C. s.7003(b). L.2021, c.92, s.16.
N.J. Stat. § 25:2-21 — NJ Code / Title 25 / Chapter 2 / Section 2-21
Definitions: A to H.
Status: in_force

25:2-21. Definitions: A to H. As used in this article: "Affiliate" means: a. A person who directly or indirectly owns, controls, or holds with power to vote, 20% or more of the outstanding voting securities of the debtor, other than a person who holds the securities: (1) As a fiduciary or agent without sole discretionary power to vote the securities; or (2) Solely to secure a debt, if the person has not in fact exercised the power to vote; b. A corporation 20% or more of whose outstanding voting securities are directly or indirectly owned, controlled, or held with power to vote, by the debtor or a person who directly or indirectly owns, controls, or holds with power to vote, 20% or more of the outstanding voting securities of the debtor, other than a person who holds the securities: (1) As a fiduciary or agent without sole discretionary power to vote the securities; or (2) Solely to secure a debt, if the person has not in fact exercised the power to vote; c. A person whose business is operated by the debtor under a lease or other agreement, or a person substantially all of whose assets are controlled by the debtor; or d. A person who operates the debtor's business under a lease or other agreement or controls substantially all of the debtor's assets. "Asset" means property of a debtor, but the term does not include: a. Property to the extent it is encumbered by a valid lien; b. Property to the extent it is generally exempt under nonbankruptcy law; or c. An interest in property held in tenancy by the entireties to the extent it is not subject to process by a creditor holding a claim against only one tenant. "Claim", except as used in "claim for relief," means a right to payment, whether or not the right is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, equitable, secured, or unsecured. "Creditor" means a person who has a claim. "Debt" means liability on a claim. "Debtor" means a person who is liable on a claim. "Electronic" means relating to technology having electrical, digital, magnetic, wireless, optical, electromagnetic, or similar capabilities. amended 2021, c.92, s.2.
N.J. Stat. § 25:1-13 — NJ Code / Title 25 / Chapter 1 / Section 1-13
Enforceability of agreement regarding real estate
Status: in_force

4. Enforceability of Agreements regarding Real Estate. An agreement to transfer an interest in real estate or to hold an interest in real estate for the benefit of another shall not be enforceable unless: a. a description of the real estate sufficient to identify it, the nature of the interest to be transferred, the existence of the agreement, and the identity of the transferor and transferee are established in a writing signed by or on behalf of the party against whom enforcement is sought; or b. a description of the real estate sufficient to identify it, the nature of the interest to be transferred, the existence of the agreement and the identity of the transferor and the transferee are proved by clear and convincing evidence. Source: R.S.25:1-3, 25:1-4, 25:1-5(d). L.1995,c.360,s.4.
N.J. Stat. § 25:1-14 — NJ Code / Title 25 / Chapter 1 / Section 1-14
Effect on unwritten transactions
Status: in_force

5. Effect on Unwritten Transactions. Transactions involving an interest in real estate, and agreements to transfer an interest in real estate or to hold an interest in real estate for the benefit of another, which are not established in a writing, are not effective against bona fide purchasers for valuable consideration without notice or against lienors without notice. L.1995,c.360,s.5.
N.J. Stat. § 25:1-15 — NJ Code / Title 25 / Chapter 1 / Section 1-15
Liability for the obligation of another
Status: in_force

6. Liability for the Obligation of Another. A promise to be liable for the obligation of another person, in order to be enforceable, shall be in a writing signed by the person assuming the liability or by that person's agent. The consideration for the promise need not be stated in the writing. Source: R.S.25:1-5(a), 25:1-5(b), 25:1-8. L.1995,c.360,s.6.
N.J. Stat. § 25:2-26 — NJ Code / Title 25 / Chapter 2 / Section 2-26
Factors in determining intent.
Status: in_force

25:2-26. Factors in determining intent. In determining actual intent under paragraph (1) of subsection a. of R.S.25:2-25 consideration may be given, among other factors, to whether: a. The transfer or obligation was to an insider; b. The debtor retained possession or control of the property transferred after the transfer; c. The transfer or obligation was disclosed or concealed; d. Before the transfer was made or obligation was incurred, the debtor had been sued or threatened with suit; e. The transfer was of substantially all the debtor's assets; f. The debtor absconded; g. The debtor removed or concealed assets; h. The value of the consideration received by the debtor was reasonably equivalent to the value of the asset transferred or the amount of the obligation incurred; i. The debtor was insolvent or became insolvent shortly after the transfer was made or the obligation was incurred; j. The transfer occurred shortly before or shortly after a substantial debt was incurred; and k. The debtor transferred the essential assets of the business to a lienor who transferred the assets to an insider of the debtor. amended 2021, c.92, s.7.
N.J. Stat. § 25:1-10 — NJ Code / Title 25 / Chapter 1 / Section 1-10
Definitions
Status: in_force

1. Definitions. As used in this act: "Interest in real estate" means any right, title or estate in real estate, and shall include a lease of real estate, a lien on real estate, a profit, an easement, an interest in a trust in real estate and a share in a cooperative apartment. "Transfer of an interest in real estate" means the sale, gift, creation or extinguishment of an interest in real estate. Source: R.S.25:1-1 through 25:1-4, 25:1-5(d). L.1995,c.360,s.1.
N.J. Stat. § 25:2-31 — NJ Code / Title 25 / Chapter 2 / Section 2-31
Extinguishment of claim for relief.
Status: in_force

25:2-31. Extinguishment of claim for relief. A claim for relief with respect to a transfer or obligation under this article is extinguished unless action is brought: a. Under paragraph (1) of subsection a. of R.S.25:2-25, not later than four years after the transfer was made or the obligation was incurred or, if later, not later than one year after the transfer or obligation was discovered by the claimant; b. Under paragraph (2) of subsection a. of R.S.25:2-25 or subsection a. of R.S.25:2-27, not later than four years after the transfer was made or the obligation was incurred; or c. Under paragraph (2) of subsection a. of R.S.25:2-27, not later than one year after the transfer was made. amended 2002, c.100; 2021, c.92, s.12.
N.J. Stat. § 25:1-12 — NJ Code / Title 25 / Chapter 1 / Section 1-12
Writing requirements, leases
Status: in_force

3. Writing Requirements, Leases. A transaction intended to create a lease of real estate for more than three years shall not be enforceable unless: a. the leased premises, the term of the lease and the identity of the lessor and the lessee are established in a writing signed by or on behalf of the party against whom enforcement is sought; or b. the real estate, the term of the lease and the identity of the lessor and the lessee are proved by clear and convincing evidence. Source: R.S.25:1-1, 25:1-5(d). L.1995,c.360,s.3.
N.J. Stat. § 25:2-30 — NJ Code / Title 25 / Chapter 2 / Section 2-30
Defenses, liability and protection of transferee or obligee.
Status: in_force

25:2-30. Defenses, liability and protection of transferee or obligee. a. A transfer or obligation is not voidable under paragraph (1) of subsection a. of R.S.25:2-25 against a person who took in good faith and for a reasonably equivalent value given the debtor or against any subsequent transferee or obligee. b. To the extent a transfer is voidable in an action by a creditor under paragraph (1) of subsection a. of R.S.25:2-29 the following rules apply: (1) Except as otherwise provided in this section, the creditor may recover judgment for the value of the asset transferred, as adjusted under subsection c. of this section, or the amount necessary to satisfy the creditor's claim, whichever is less. The judgment may be entered against: (a) The first transferee of the asset or the person for whose benefit the transfer was made; or (b) An immediate or mediate transferee of the first transferee, other than: (i) a good-faith transferee who took for value; or (ii) an immediate or mediate good-faith transferee of a person described in subsubparagraph (i) of subparagraph (b) of paragraph (1) of subsection b. of this section. (2) Recovery pursuant to paragraph (1) of subsection a. of R.S.25:2-29 or subsection b. of R.S.25:2-29 of or from the asset transferred or its proceeds, by levy or otherwise, is available only against a person described in subparagraph (a) or (b) of paragraph (1) of subsection b. of this section. c. If the judgment under subsection b. of this section is based upon the value of the asset transferred, the judgment shall be for an amount equal to the value of the asset at the time of the transfer, subject to adjustment as the equities may require. d. Notwithstanding voidability of a transfer or an obligation under this article, a good-faith transferee or obligee is entitled, to the extent of the value given the debtor for the transfer or obligation, to: (1) A lien on or a right to retain an interest in the asset transferred; (2) Enforcement of an obligation incurred; or (3) A reduction in the amount of the liability on the judgment. e. A transfer is not voidable under paragraph (2) of subsection a. of R.S. 25:2-25 or R.S.25:2-27 if the transfer results from: (1) Termination of a lease upon default by the debtor when the termination is pursuant to the lease and applicable law; or (2) Enforcement of a security interest in compliance with Article 9 of the Uniform Commercial Code, other than acceptance of collateral in full or partial satisfaction of the obligation it secures. f. A transfer is not voidable under subsection b. of R.S. 25:2-27: (1) To the extent the insider gave new value to or for the benefit of the debtor after the transfer was made, except to the extent the new value was secured by a valid lien; (2) If made in the ordinary course of business or financial affairs of the debtor and the insider; or (3) If made pursuant to a good-faith effort to rehabilitate the debtor and the transfer secured present value given for that purpose as well as an antecedent debt of the debtor. g. The following rules shall determine the burden of proving matters referred to in this section: (1) A party that seeks to invoke subsection a., d., e., or f. has the burden of proving the applicability of that subsection. (2) Except as otherwise provided in paragraphs (3) and (4) of this subsection, the creditor has the burden of proving each applicable element of subsection b. or c. (3) The transferee has the burden of proving the applicability to the transferee of subsubparagraph (i) or (ii) of subparagraph (b) of paragraph (1) of subsection b. (4) A party that seeks adjustment under subsection c. has the burden of proving the adjustment. h. The standard of proof required to establish matters referred to in this section is preponderance of the evidence. amended 2021, c.92, s.11.
N.J. Stat. § 25:2-25 — NJ Code / Title 25 / Chapter 2 / Section 2-25
Transfer or obligation voidable as to present or future creditor.
Status: in_force

25:2-25. Transfer or obligation voidable as to present or future creditor. a. A transfer made or obligation incurred by a debtor is voidable as to a creditor, whether the creditor's claim arose before or after the transfer was made or the obligation was incurred, if the debtor made the transfer or incurred the obligation: (1) With actual intent to hinder, delay, or defraud any creditor of the debtor; or (2) Without receiving a reasonably equivalent value in exchange for the transfer or obligation, and the debtor: (a) Was engaged or was about to engage in a business or a transaction for which the remaining assets of the debtor were unreasonably small in relation to the business or transaction; or (b) Intended to incur, or believed or reasonably should have believed that the debtor would incur, debts beyond the debtor's ability to pay as they become due. b. A creditor making a claim for relief under subsection a. of this section has the burden of proving the elements of the claim for relief by a preponderance of the evidence. amended 2021, c.92, s.6.
N.J. Stat. § 25:2-32 — NJ Code / Title 25 / Chapter 2 / Section 2-32
Supplementary provisions.
Status: in_force

25:2-32. Supplementary provisions. Unless displaced by the provisions of the "Uniform Voidable Transactions Act," R.S.25:2-20 et seq., the principles of law and equity, including the law merchant and the law relating to principal and agent, estoppel, laches, fraud, misrepresentation, duress, coercion, mistake, insolvency, or other validating or invalidating cause, supplement its provisions. amended 2021, c.92, s.14.
N.J. Stat. § 25:2-23 — NJ Code / Title 25 / Chapter 2 / Section 2-23
Insolvency.
Status: in_force

25:2-23. Insolvency. a. A debtor is insolvent if, at a fair valuation, the sum of the debtor's debts is greater than the sum of the debtor's assets. b. A debtor who is generally not paying the debtor's debts as they become due other than as a result of a bona fide dispute is presumed to be insolvent. This presumption imposes on the party against which the presumption is directed the burden of proving that the nonexistence of insolvency is more probable than its existence. c. (Deleted by amendment, P.L.2021, c.92.) d. Assets under this section do not include property that has been transferred, concealed, or removed with intent to hinder, delay, or defraud creditors or that has been transferred in a manner making the transfer voidable under this article. e. Debts under this section do not include an obligation to the extent it is secured by a valid lien on property of the debtor not included as an asset. amended 2021, c.92, s.4.
N.J. Stat. § 25:2-24 — NJ Code / Title 25 / Chapter 2 / Section 2-24
Value.
Status: in_force

25:2-24. Value. a. Value is given for a transfer or an obligation if, in exchange for the transfer or obligation, property is transferred or an antecedent debt is secured or satisfied, but value does not include an unperformed promise made otherwise than in the ordinary course of the promisor's business to furnish support to the debtor or another person. b. For the purposes of paragraph (2) of subsection a. of R.S.25:2-25 and R.S.25:2-27, a person gives a reasonably equivalent value if the person acquires an interest of the debtor in an asset pursuant to a regularly conducted, noncollusive foreclosure sale or execution of a power of sale for the acquisition or disposition of the interest of the debtor upon default under a mortgage, deed of trust, or security agreement. c. A transfer is made for present value if the exchange between the debtor and the transferee is intended by them to be contemporaneous and is in fact substantially contemporaneous. amended 2021, c.92, s.5.
N.J. Stat. § 25:2-35 — NJ Code / Title 25 / Chapter 2 / Section 2-35
Governing law.
Status: in_force

13. Governing law. a. In this section, the following rules determine a debtor's location: (1) A debtor who is an individual is located at the individual's principal residence. (2) A debtor that is an organization and has only one place of business is located at its place of business. (3) A debtor that is an organization and has more than one place of business shall be deemed to be located at its chief executive office. b. A claim in the nature of a claim under the "Uniform Voidable Transactions Act," R.S.25:2-20 et seq., shall be governed by the local law of the jurisdiction in which the debtor is located when the transfer is made or the obligation is incurred. L.2021, c.92, s.13.
N.J. Stat. § 25:1-5 — NJ Code / Title 25 / Chapter 1 / Section 1-5
Promises or agreements not binding unless in writing.
Status: in_force

25:1-5. Promises or agreements not binding unless in writing. No action shall be brought upon any of the following agreements or promises, unless the agreement or promise, upon which such action shall be brought or some memorandum or note thereof, shall be in writing, and signed by the party to be charged therewith, or by some other person thereunto by him lawfully authorized: a. (Deleted by amendment, P.L.1995, c.360.) b. (Deleted by amendment, P.L.1995, c.360.) c. An agreement made upon consideration of marriage entered into prior to the effective date of the "Uniform Premarital Agreement Act," N.J.S.37:2-31 et seq.; d. (Deleted by amendment, P.L.1995, c.360.) e. (Deleted by amendment, P.L.1995, c.360.) f. A contract, promise, undertaking or commitment to loan money or to grant, extend or renew credit, in an amount greater than $100,000, not primarily for personal, family or household purposes, made by a person engaged in the business of lending or arranging for the lending of money or extending credit. For the purposes of this subsection, a contract, promise, undertaking or commitment to loan money shall include agreements to lease personal property if the lease is primarily a method of financing the obtaining of the property; g. An agreement by a creditor to forbear from exercising remedies pursuant to a contract, promise, undertaking or commitment which is subject to the provisions of subsection f. of this section; or h. A promise by one party to a non-marital personal relationship to provide support or other consideration for the other party, either during the course of such relationship or after its termination. For the purposes of this subsection, no such written promise is binding unless it was made with the independent advice of counsel for both parties. amended 1991, c.86; 1995, c.360, s.8; 2009, c.311.
N.J. Stat. § 25:2-28 — NJ Code / Title 25 / Chapter 2 / Section 2-28
When transfer is made or obligation incurred.
Status: in_force

25:2-28. When transfer is made or obligation incurred. For the purposes of this article: a. A transfer is made: (1) With respect to an asset that is real property other than a fixture, but including the interest of a seller or purchaser under a contract for the sale of the asset, when the transfer is so far perfected that a good-faith purchaser of the asset from the debtor against whom applicable law permits the transfer to be perfected cannot acquire an interest in the asset that is superior to the interest of the transferee; and (2) With respect to an asset that is not real property or that is a fixture, when the transfer is so far perfected that a creditor on a simple contract cannot acquire a judicial lien otherwise than under this article that is superior to the interest of the transferee; b. If applicable law permits the transfer to be perfected as provided in subsection a. of this section and the transfer is not so perfected before the commencement of an action for relief under this article, the transfer is deemed made immediately before the commencement of the action; c. If applicable law does not permit the transfer to be perfected as provided in subsection a. of this section, the transfer is made when it becomes effective between the debtor and the transferee; d. A transfer is not made until the debtor has acquired rights in the asset transferred; e. An obligation is incurred: (1) If oral, when it becomes effective between the parties; or (2) If evidenced by a record, when the record signed by the obligor is delivered to or for the benefit of the obligee. amended 2021, c.92, s.9.
N.J. Stat. § 25:2-22 — NJ Code / Title 25 / Chapter 2 / Section 2-22
Definitions: I to Z.
Status: in_force

25:2-22. Definitions: I to Z. As used in this article: "Insider" includes: a. If the debtor is an individual: (1) A relative of the debtor or of a general partner of the debtor; (2) A partnership in which the debtor is a general partner; (3) A general partner in a partnership described in paragraph (2) of subsection a. of this definition; or (4) A corporation of which the debtor is a director, officer, or person in control; b. If the debtor is a corporation: (1) A director of the debtor; (2) An officer of the debtor; (3) A person in control of the debtor; (4) A partnership in which the debtor is a general partner; (5) A general partner in a partnership described in paragraph (4) of subsection b. of this definition; or (6) A relative of a general partner, director, officer, or person in control of the debtor; c. If the debtor is a partnership: (1) A general partner in the debtor; (2) A relative of a general partner in, or a general partner of, or a person in control of the debtor; (3) Another partnership in which the debtor is a general partner; (4) A general partner in a partnership described in paragraph (3) of subsection c. of this definition; or (5) A person in control of the debtor; d. An affiliate, or an insider of an affiliate as if the affiliate were the debtor; and e. A managing agent of the debtor. "Lien" means a charge against or an interest in property to secure payment of a debt or performance of an obligation, and includes a security interest created by agreement, a judicial lien obtained by legal or equitable process or proceedings, a common-law lien, or a statutory lien. "Organization" means a person other than an individual. "Person" means an individual, estate, partnership, association, trust, business or nonprofit entity, public corporation, government or governmental subdivision, agency, or instrumentality, or any other legal or commercial entity. "Property" means anything that may be the subject of ownership. "Record" means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form. "Relative" means an individual related by consanguinity within the third degree as determined by the common law, a spouse, or an individual related to a spouse within the third degree as so determined, and includes an individual in an adoptive relationship within the third degree. "Sign" means, with present intent to authenticate or adopt a record: (1) To execute or adopt a tangible symbol; or (2) To attach to or logically associate with the record an electronic symbol, sound, or process. "Transfer" means every mode, direct or indirect, absolute or conditional, voluntary or involuntary, of disposing of or parting with an asset or an interest in an asset, and includes payment of money, release, lease, license, and creation of a lien or other encumbrance. "Valid lien" means a lien that is effective against the holder of a judicial lien subsequently obtained by legal or equitable process or proceedings. amended 2021, c.92, s.3.
N.J. Stat. § 25:2-29 — NJ Code / Title 25 / Chapter 2 / Section 2-29
Remedies of creditor.
Status: in_force

25:2-29. Remedies of creditor. a. In an action for relief against a transfer or obligation under this article, a creditor, subject to the limitations in R.S.25:2-30, may obtain: (1) Avoidance of the transfer or obligation to the extent necessary to satisfy the creditor's claim; (2) An attachment or other provisional remedy against the asset transferred or other property of the transferee if available under applicable law; and (3) Subject to applicable principles of equity and in accordance with applicable rules of civil procedure: (a) An injunction against further disposition by the debtor or transferee, or both, of the asset transferred or of other property; (b) Appointment of a receiver to take charge of the asset transferred or of other property of the transferee; or (c) Any other relief the circumstances may require. b. If a creditor has obtained a judgment on a claim against the debtor, the creditor, if the court so orders, may levy execution on the asset transferred or its proceeds. amended 2021, c.92, s.10.
N.J. Stat. § 25:2-20 — NJ Code / Title 25 / Chapter 2 / Section 2-20
Short title.
Status: in_force

25:2-20. Short title. This article which was formerly known as the "Uniform Fraudulent Transfer Act" shall be known and may be cited as the "Uniform Voidable Transactions Act," on or after the effective date of P.L.2021, c.92. amended 2021, c.92, s.1.
N.J. Stat. § 25:1-16 — NJ Code / Title 25 / Chapter 1 / Section 1-16
Commissions of real estate broker and business broker, writing required
Status: in_force

7. Commissions of Real Estate Broker and Business Broker, Writing Required. a. As used in this section: "Business broker" means a person who negotiates the purchase or sale of a business. "Negotiates" includes identifies, provides information concerning, or procures an introduction to prospective parties, or assists in the negotiation or consummation of the transaction. "Purchase or sale of a business" includes the purchase or sale of good will or of the majority of the voting interest in a corporation, and of a major part of inventory or fixtures not in the ordinary course of the transferor's business. "Real estate broker" means a licensed real estate broker or other person performing the services of a real estate agent or broker. "Transfer or sale" means the transfer of an interest in real estate or the purchase or sale of a business. b. Except as provided in subsection d. of this section, a real estate broker who acts as agent or broker on behalf of a principal for the transfer of an interest in real estate, including lease interests for less than three years, is entitled to a commission only if before or after the transfer the authority of the broker is given or recognized in a writing signed by the principal or the principal's authorized agent, and the writing states either the amount or the rate of commission. For the purposes of this subsection, the interest of a mortgagee or lienor is not an interest in real estate. c. Except as provided in subsection d. of this section, a business broker is entitled to a commission only if before or after the sale of the business, the authority of the broker is expressed or recognized in a writing signed by the seller or buyer or authorized agent, and the writing states either the amount or the rate of commission. d. A broker who acts pursuant to an oral agreement is entitled to a commission only if: (1) within five days after making the oral agreement and before the transfer or sale, the broker serves the principal with a written notice which states that its terms are those of the prior oral agreement including the rate or amount of commission to be paid; and (2) before the principal serves the broker with a written rejection of the oral agreement, the broker either effects the transfer or sale, or, in good faith, enters negotiations with a prospective party who later effects the transfer or sale. e. The notices provided for in this section shall be served either personally, or by registered or certified mail, at the last known address of the person to be served. Source: R.S.25:1-9. L.1995,c.360,s.7.
N.J. Stat. § 25:2-34 — NJ Code / Title 25 / Chapter 2 / Section 2-34
Laws repealed
Status: in_force

The following are repealed: R.S. 25:2-7 through R.S. 25:2-19 inclusive. N.J.S. 14A:14-10 through N.J.S. 14A:14-12 inclusive. Source: New. L. 1988, c. 74, s. 1.