<?xml version='1.0' encoding='utf-8'?>
<section article="gcl" article_name="Commercial Law" number="15-203" title_number="15" title_name="Debt Collection -- Special Provisions" subtitle_number="2" subtitle_name="Fraudulent Conveyances">
  <text>Fair consideration is given for property or an obligation, if:</text>
  <level label="1">
    <text>In exchange for the property or obligation, as a fair equivalent for it and in good faith, property is conveyed or an antecedent debt is satisfied; or</text>
  </level>
  <level label="2">
    <text>The property or obligation is received in good faith to secure a present advance or antecedent debt in an amount not disproportionately small as compared to the value of the property or obligation obtained.</text>
  </level>
</section>
