5:12-47.2 - "Transfer"

5:12-47.2.   "Transfer"
     "Transfer" --The sale and every other method, direct or indirect, of disposing of or parting with property or with an interest therein, or with the possession thereof, or of fixing a lien upon property or upon an interest therein, absolutely or conditionally, voluntarily or involuntarily, by or without judicial proceedings, as a conveyance, sale, payment, pledge, mortgage,  lien, encumbrance, gift, security or otherwise; the retention of a security  interest in property delivered to a corporation shall be deemed a transfer  suffered by such corporation.

     L.1978, c. 7, s. 12, eff. March 17, 1978.