Bill Summary for Bill Number 2.b. Uniform Voidable Transactions Act Amendments (2014), LLS 16-0127

Date: 11/30/2015

Final
2.b. Uniform Voidable Transactions Act Amendments (2014), LLS 16-0127

COMMITTEE ON COLORADO COMMISSION ON UNIFORM STATE LAWS

Votes: View-->	Action Taken:
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01:21 PM -- 2.b. Uniform Voidable Transactions Act Amendments (2014), LLS 16-0127

01:23 PM -- Victoria Bantz, CBA Business Law Section, stated that the section has not had a chance to review the newest draft of the act and that their issues remain unchanged.
01:24 PM -- Andy Toft, CBA Real Estate Section, has reviewed the changes but has not discussed the changes with others in his section. The changes do appear to address the section’s issues regarding governing law provisions. He also suggested that there may be other portions that may need to be removed.
The commission discussed the possibility of removing other language, the choice of law in Colorado, and indicated that there was a conference call scheduled to discuss changes with the Uniform Law Commission (ULC) before a final decision is made on proposed changes.