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Committee advances Colorado Avoidable Transaction Act with technical amendment
Summary
The House Finance Committee gave Senate Bill 133 a super‑favorable recommendation to the Committee of the Whole after sponsors and the Colorado Bar Association described the measure as a modernization of fraudulent‑transfer law; one technical amendment was adopted.
The House Finance Committee voted to advance Senate Bill 133, the proposed Colorado Avoidable Transaction Act, to the Committee of the Whole with a super‑favorable recommendation after sponsors described the measure as a modernization of Colorado’s fraudulent‑transfer law.
Representative Camacho, a sponsor, said the bill updates Colorado law so courts and creditors can better address transfers made to hinder, delay or defraud creditors. “This bill represents an important modernization of our state's legal framework…
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