Florida Senate - 2014                                     SB 856
       
       
        
       By Senator Detert
       
       
       
       
       
       28-01257-14                                            2014856__
    1                        A bill to be entitled                      
    2         An act relating to the Uniform Fraudulent Transfer
    3         Act; amending s. 726.109, F.S.; providing that certain
    4         transfers of charitable contributions to charitable or
    5         religious organizations are exempt from s. 726.106(1),
    6         F.S.; providing an effective date.
    7          
    8  Be It Enacted by the Legislature of the State of Florida:
    9  
   10         Section 1. Paragraph (a) of subsection (7) of section
   11  726.109, Florida Statutes, is amended to read:
   12         726.109 Defenses, liability, and protection of transferee.—
   13         (7)(a) The transfer of a charitable contribution that is
   14  received in good faith by a qualified religious or charitable
   15  entity or organization is not a fraudulent transfer under s.
   16  726.105(1)(b) or s. 726.106(1).
   17         Section 2. This act shall take effect upon becoming a law.