PJC Business 2024

PJC 105.25

F RAUD AND N EGLIGENT M ISREPRESENTATION

erally not paying the debtor’s debts as they become due is presumed to be insolvent. Transfer. If there is a fact issue regarding whether an asset was transferred, the relevant portions of the following definition (which is taken from section 24.002(12)) should be submitted: “Transfer” means every mode, direct or indirect, absolute or con ditional, voluntary or involuntary, of disposing of or parting with an asset or an interest in an asset, and includes payment of money, release, lease, and creation of a lien or other encumbrance.

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