Coverage note: this corpus holds the
consolidated Pa.C.S. titles only. Unconsolidated P.S. statutes (UTPCPL 73 P.S. § 201-1, Liquor Code, wage payment laws) are not included; a miss here does not mean the statute does not exist. Check
palegis.us.
§ 5103. Value.
(a) General rule.--Value is given for a transfer or an obligation if, in exchange for the transfer or
obligation, property is transferred or an antecedent debt is secured or satisfied,
but value does not include an unperformed promise made otherwise than in the ordinary
course of the promisor's business to furnish support to the debtor or another person.
(b) Reasonably equivalent value.--For the purposes of sections 5104(a)(2) (relating to transfer or obligation voidable
as to present or future creditor) and 5105 (relating to transfer or obligation voidable
as to present creditor), a person gives reasonably equivalent value if the person
acquires an interest of the debtor in an asset pursuant to a regularly conducted,
noncollusive foreclosure sale or the exercise of a power of sale for the acquisition
or disposition of the interest of the debtor upon default under a mortgage, deed of
trust or security agreement or pursuant to a regularly conducted, noncollusive execution
sale.
(Dec. 22, 2017, P.L.1249, No.78, eff. 60 days)
2017 Amendment. See section 7 of Act 78 in the appendix to this title for special provisions relating
to applicability.
Notes of Decisions
Fell, R. v. 340 Assocs., LLC, 125 A.3d 75 (Pa. Super. Ct. 2015).
· cites it 7× “12 Pa.C.S. § 5103 cmt. (2). In Farhat , this Court examined whether the creditor established a fraudulent transfer based on the following facts: Zene is the son of Saheira and Ismail Farhat.”
Knoll, C. v. Uku, E., 154 A.3d 329 (Pa. Super. Ct. 2017).
· cites it 2× “Fell, supra at 82 (citing 12 Pa.C.S. § 5103 comment 2 (emphasis added).”
United States v. Rocky Mountain Holdings, Inc., 782 F. Supp. 2d 106 (E.D. Pa. 2011).
“” 12 Pa. Cons. Stat. § 5103 (a). Defendant does not claim that property has been transferred, but does contend that its $57 million capital contribution to the Fund created a debt that the Fund was contractually obligated to satisfy pursuant to the distribution provisions of the…”
Trizechahn Gateway v. Schnader Harrison Segal (Pa. Super. Ct. 2019).
· cites it 3× “Because the purpose of [the] PUFTA is to protect 340 Associates’ estate from being depleted to the prejudice of its unsecured creditors, see 12 Pa.C.S. § 5103 cmt. (2), 340 Associates’ only asset was the liquor license, and 340 Associates lent the purchase price of the license…”
Brookworth Partners, LP v. Frankford Mach. (Pa. Super. Ct. 2017).
“12 Pa.C.S. § 5103. The party opposing the transfer bears the burden to prove the statutory elements of a fraudulent transfer claim under the PUFTA by a preponderance of the evidence.”
Feldman v. Lynch, Jr. (Bankr. E.D. Pa. 2025).
“§ 548 (d)(2)(A); 12 Pa. C.S. § 5103(a). Once a court finds that the debtor received at least some value, it must then determine “whether the debtor got roughly the value it gave.”
— 12 Pa. Cons. Stat. § 5103(a) — 4 cases
Fell, R. v. 340 Assocs., LLC, 125 A.3d 75 (Pa. Super. Ct. 2015).
“12 Pa.C.S. § 5103 cmt. (2). In Farhat , this Court examined whether the creditor established a fraudulent transfer based on the following facts: Zene is the son of Saheira and Ismail Farhat.”
Knoll, C. v. Uku, E., 154 A.3d 329 (Pa. Super. Ct. 2017).
“Fell, supra at 82 (citing 12 Pa.C.S. § 5103 comment 2 (emphasis added).”
Trizechahn Gateway v. Schnader Harrison Segal (Pa. Super. Ct. 2019).
“Because the purpose of [the] PUFTA is to protect 340 Associates’ estate from being depleted to the prejudice of its unsecured creditors, see 12 Pa.C.S. § 5103 cmt. (2), 340 Associates’ only asset was the liquor license, and 340 Associates lent the purchase price of the license…”
Feldman v. Lynch, Jr. (Bankr. E.D. Pa. 2025).
“§ 548 (d)(2)(A); 12 Pa. C.S. § 5103(a). Once a court finds that the debtor received at least some value, it must then determine “whether the debtor got roughly the value it gave.”
— 12 Pa. Cons. Stat. § 5103(b) — 2 cases
Fell, R. v. 340 Assocs., LLC, 125 A.3d 75 (Pa. Super. Ct. 2015).
“12 Pa.C.S. § 5103 cmt. (2). In Farhat , this Court examined whether the creditor established a fraudulent transfer based on the following facts: Zene is the son of Saheira and Ismail Farhat.”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.