Article 2.9.12 Bad Faith
(a) Perjury: Any Petition by Debtors or Creditors shall be done under the pains or penalties or perjury.
(b) Fraudulent Conveyance: Any transfer by a Debtor intended to prevent, hinder, or delay the collection of a debt, is voidable by the Court. Such intent may be demonstrated by circumstantial evidence acceptable to the Court.
(c) Fines and other remedies: A Court may impose a fine in addition to any other equitable remedy for malicious, fraudulent, vexatious, or negligent acts arising under this Chapter 2.9.
- Section
- 2.9.12
- Effective date
- 2026-04-25