Section 502 – Asset protection trust.

Effective 5/14/2019 25-6-502. Asset protection trust. (1) As used in this section: (a) “Creditor” means: (i) a creditor or other claimant of the settlor existing when the trust is created; or (ii) a person who subsequently becomes a creditor, including, whether or not reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, legal, […]