An Act relative to the uniform voidable transactions act

This bill renames Massachusetts' "Uniform Fraudulent Transfer Act" to the "Uniform Voidable Transactions Act" and updates related terminology throughout the law. It clarifies definitions (including for electronic records, "protected series" of entities, and "good faith" transfers) and shifts the standard for challenging transfers from "fraudulent" to "voidable." Creditors must now prove claims by a preponderance of evidence (not a higher standard), and the law adjusts rules for recovering assets transferred to avoid creditors during insolvency. The changes directly affect debtors, creditors, businesses, and legal entities involved in asset transfers during bankruptcy or financial distress.