§ 5106. When transfer is made or obligation is incurred
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 12 Pa.C.S.A. Commerce and TradeEffective: February 20, 2018
Effective: February 20, 2018
12 Pa.C.S.A. § 5106
§ 5106. When transfer is made or obligation is incurred
For the purposes of this chapter:
(i) 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 which 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
Credits
1993, Dec. 3, P.L. 479, No. 70, § 1, effective in 60 days. Amended 2017, Dec. 22, P.L. 1249, No. 78, § 2, effective in 60 days [Feb. 20, 2018].
12 Pa.C.S.A. § 5106, PA ST 12 Pa.C.S.A. § 5106
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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