New York City's Fiscal and Financial Situtation: Hearings Before the Subcommittee on Economic Stabilization of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, Ninety-fifth Congress, Second Session, Dio 1

U.S. Government Printing Office, 1978
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Stranica 245 - Fair consideration is given for property, or obligation, (a) When in exchange for such property, or obligation, as a fair equivalent therefor, and in good faith, property is conveyed or an antecedent debt is satisfied, or (b) When such property, or obligation is received in good faith to secure a present advance or antecedent debt in amount not disproportionately small as compared with the value of the property, or obligation obtained.
Stranica 215 - Nothing contained in this chapter shall be construed to limit or impair the power of any State to control, by legislation or otherwise, any municipality or any political subdivision of or in such State in the exercise of its political or governmental powers, including expenditures therefor...
Stranica 317 - Thank you, Mr. Chairman. Mr. Secretary, I would like to ask you...
Stranica 207 - States as a holiday or as a day of public fasting or thanksgiving; (15) a person shall be deemed insolvent within the provisions of this Act whenever the aggregate of his property, exclusive of any property which he may have conveyed, transferred, concealed, or removed, or permitted to be concealed or removed, with intent to defraud, hinder or delay his creditors, shall not, at a fair valuation, be sufficient in amount to pay his debts...
Stranica 35 - It was not carried to the court of appeals, which is the court of last resort in...
Stranica 210 - Report of the Commission on the Bankruptcy Laws of the United States...
Stranica 244 - Every conveyance made and every obligation incurred without fair consideration when the person making the conveyance or entering into the obligation intends or believes that he will incur debts beyond his ability to pay as they mature, is fraudulent as to both present and future creditors.
Stranica 142 - Petersen of the Government Finance Research Center of the Municipal Finance Officers Association.
Stranica 205 - Chapter ix, providing compositions and extensions for municipal indebtedness, was also held unconstitutional in its original form as an impairment of state sovereignty (298 US 513), but a revised version was found to be "carefully drawn so as not to impinge upon the sovereignty of the States" and was sustained (304 US 27).
Stranica 244 - ... without fair consideration by a debtor who is engaged or is about to engage in such business or transaction, for which the property remaining in his hands is an unreasonably small capital, without regard to his actual intent...

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