NY Debt & Cred L § 270 (2021)
2021 New York Laws DCD - Debtor and Creditor Article 10 - Uniform Voidable Transactions Act. 270 - Definitions.

§ 270. Definitions. As used in this article:  (a) "Affiliate" means:  (1)  a person that directly or indirectly owns, controls or holds with power to  vote,  twenty  percent  or  more  of  the  outstanding  voting securities of the debtor, other than a person that holds the securities:  (i)  as  a fiduciary or agent without sole discretionary power to vote the securities; or  (ii) solely to secure a debt, if the person has not in fact  exercised the power to vote;  (2)  a  corporation twenty percent 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 that directly or indirectly owns, controls or holds, with power to vote, twenty percent or  more  of the  outstanding  voting  securities  of the debtor, other than a person that holds the securities:  (i) as a fiduciary or agent without sole discretionary power  to  vote the securities; or  (ii)  solely to secure a debt, if the person has not in fact exercised the power to vote;  (3) 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  (4)  a  person  that  operates  the debtor's business under a lease or other agreement or controls substantially all of the debtor's assets.  (b) "Asset" means property of a debtor, but the term does not include:  (1) property to the extent it is encumbered by a valid lien;  (2) property to the extent it is generally exempt under non-bankruptcy law; or  (3) an interest in property held in tenancy by  the  entirety  to  the extent  it  is  not  subject  to  process  by a creditor holding a claim against only one tenant.  (c) "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.  (d) "Creditor" means a person that has a claim.  (e) "Debt" means liability on a claim.  (f) "Debtor" means a person that is liable on a claim.  (g)  "Electronic"  means  relating  to  technology  having electrical, digital,  magnetic,  wireless,  optical,  electromagnetic   or   similar capabilities.  (h) "Insider" includes:  (1) if the debtor is an individual:  (i) a relative of the debtor or of a general partner of the debtor;  (ii) a partnership in which the debtor is a general partner;  (iii)  a  general  partner  in a partnership described in subparagraph (ii) of this paragraph; or  (iv) a corporation of which the debtor  is  a  director,  officer,  or person in control;  (2) if the debtor is a corporation:  (i) a director of the debtor;  (ii) an officer of the debtor;  (iii) a person in control of the debtor;  (iv) a partnership in which the debtor is a general partner;  (v)  a general partner in a partnership described in subparagraph (iv) of this paragraph; or  (vi) a relative of a general partner, director, officer or  person  in control of the debtor;  (3) if the debtor is a partnership:  (i) a general partner in the debtor;  (ii)  a  relative  of  a general partner in, a general partner of or a person in control of the debtor;  (iii) another partnership in which the debtor is a general partner;  (iv) a general partner in  a  partnership  described  in  subparagraph (iii) of this paragraph; or  (v) a person in control of the debtor;  (4)  an  affiliate,  or an insider of an affiliate as if the affiliate were the debtor; and  (5) a managing agent of the debtor.  (i) "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.  (j) "Organization" means a person other than an individual.  (k)  "Person"  means  an individual, estate, partnership, association, trust, business or nonprofit entity, public corporation,  government  or governmental  subdivision,  agency or instrumentality, or other legal or commercial entity.  (l) "Property" means anything that may be the subject of ownership.  (m) "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.  (n) "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.  (o) "Sign" means, with present  intent  to  authenticate  or  adopt  a record:  (i) to execute or adopt a tangible symbol; or  (ii) to attach to or logically associate with the record an electronic symbol, sound, or process.  (p)  "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.  (q) "Valid lien" means a lien that is effective against the holder  of a  judicial  lien subsequently obtained by legal or equitable process or proceedings.