The 2023 Florida Statutes (including Special Session C)

Title XV
HOMESTEAD AND EXEMPTIONS

Chapter 222
METHOD OF SETTING APART HOMESTEAD AND EXEMPTIONS

View Entire Chapter

F.S. 222.30

222.30 Fraudulent asset conversions.—

(1) As used in this section, “conversion” means every mode, direct or indirect, absolute or conditional, of changing or disposing of an asset, such that the products or proceeds of the asset become immune or exempt by law from claims of creditors of the debtor and the products or proceeds of the asset remain property of the debtor. The definitions of chapter 726 apply to this section unless the application of a definition would be unreasonable.

(2) Any conversion by a debtor of an asset that results in the proceeds of the asset becoming exempt by law from the claims of a creditor of the debtor is a fraudulent asset conversion as to the creditor, whether the creditor’s claim to the asset arose before or after the conversion of the asset, if the debtor made the conversion with the intent to hinder, delay, or defraud the creditor.

(3) In an action for relief against a fraudulent asset conversion, a creditor may obtain:

(a) Avoidance of the fraudulent asset conversion to the extent necessary to satisfy the creditor’s claim.

(b) An attachment or other provisional remedy against the asset converted in accordance with applicable law.

1. An injunction against further conversion by the debtor of the asset or of other property.

2. Any other relief the circumstances may require.

(4) If a creditor has obtained a judgment on a claim against the debtor, the creditor, if the court so orders, may levy execution on the asset converted or its proceeds.

(5) A cause of action with respect to a fraudulent asset conversion is extinguished unless an action is brought within 4 years after the fraudulent asset conversion was made.

(6) If an asset is converted and the converted asset is subsequently transferred to a third party, the provisions of chapter 726 apply to the transfer to the third party.

History.—s. 5, ch. 93-256.

F.S. 222.30 on Google Scholar

F.S. 222.30 on Casetext

Amendments to 222.30

Arrestable Offenses / Crimes under Fla. Stat. 222.30

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 222.30.

Annotations, Discussions, Cases:

Cases from cite.case.law:

IN RE K. RENSIN, v. K., 600 B.R. 870 (Bankr. S.D. Fla. 2019)

. . . Stat. § 222.30. . . . Stat. § 222.30(3). Mr. . . . Section 222.30 requires a "conversion by a debtor." . . . Section 222.30 does not apply. . . . Stat. § 222.30. Mr. . . .

IN RE P. MCCUAN, E. Jr. v. MDG LLC, E. Jr. v., 603 B.R. 829 (Bankr. M.D. Fla. 2019)

. . . 56.29 Proceeding "as they relate to those transactions that are properly considered conversions under § 222.30 . . .

SPECTOR, v. L. SPECTOR, L. P. A., 226 So. 3d 256 (Fla. Dist. Ct. App. 2017)

. . . Similarly, section 222.30, Florida Statutes (2015), removes property from the statutory exemption if . . .

IN RE ANDERSON, v. W., 561 B.R. 230 (Bankr. M.D. Fla. 2016)

. . . . §§ 726.105, 726.106, 726.108, 222.30, and Chapter 85, Florida Statutes. R. . . . Stat. §§ 726.205, 222.29, and 222.30 to Florida’s constitutional homestead exemption: .,. a homestead . . .

IN RE BREWER, v., 500 B.R. 130 (Bankr. M.D. Fla. 2013)

. . . determination that the $80,000 payment to Citibank was a fraudulent asset conversion pursuant to section 222.30 . . . Even Defendant acknowledges that Havo-co is silent on the specific question of whether section 222.30 . . . Stat. § 222.30(3)(c)(2) — i.e., in interpreting the phrase "any other relief the circumstances may require . . .

In McDERMOTT, 425 B.R. 848 (Bankr. M.D. Fla. 2010)

. . . Florida has opted out through provisions of the Florida Constitution and Florida Statute Sections 222.201-222.30 . . .

In CHAMPALANNE, C. v., 425 B.R. 707 (Bankr. S.D. Fla. 2010)

. . . 1), respectively; Count V is a claim for fraudulent asset conversion pursuant to Florida Statutes § 222.30 . . .

In HARWELL, H. v. D. D. P. L., 414 B.R. 770 (M.D. Fla. 2009)

. . . . § 222.30) and fraudulent transfers (F.S. § 726) did not create a cause of action against a party who . . .

RANDAZZO, v. RANDAZZO,, 980 So. 2d 1210 (Fla. Dist. Ct. App. 2008)

. . . . §§ 222.29 and 222.30? . . .

In GOSMAN, J. D. v. LLP P. A., 382 B.R. 826 (S.D. Fla. 2007)

. . . Gosman as tenants by the entireties violated the Florida Fraudulent Asset Conversion Statute, Section 222.30 . . .

In V. LOWERY, H. II, v. V. H., 250 F. App'x 911 (11th Cir. 2007)

. . . However, Cadle did properly assert claims under Sections 222.29 and 222.30, both of which generally prohibit . . .

In V. LOWERY, H. II, v. V. H., 250 F. App'x 911 (11th Cir. 2007)

. . . However, Cadle did properly assert claims under Sections 222.29 and 222.30, both of which generally prohibit . . .

In HINTON, LLC, a v. C., 378 B.R. 371 (Bankr. M.D. Fla. 2007)

. . . 548, Chapter 726 of Florida Statutes, and Florida Statute Section 56.29, and Florida Statute Section 222.30 . . . 548, and Chapter 726 of the Florida Statutes, Florida Statute Section 56.29, Florida Statute Section 222.30 . . . and Chapter 726 of the Florida Statutes, Florida Statute Section 56.29, and Florida Statute Section 222.30 . . .

In STICKNEY,, 370 B.R. 31 (Bankr. D.N.H. 2007)

. . . Bradshaw, 349 B.R. at 516 (debtor who filed revised schedules I and J reflecting disposable income of $222.30 . . .

In DEEREY, Jr. INC. v. Jr., 371 B.R. 525 (Bankr. M.D. Fla. 2007)

. . . . §§ 222.30(5) (Fraudulent asset conversions), and 95.11(Limitations other than for the recovery of real . . .

In L. MATHEWS,, 360 B.R. 732 (Bankr. M.D. Fla. 2007)

. . . (ii) the Highway Avenue Property and Picketville Property are not exempt pursuant to §§ 222.29 and 222.30 . . . $231,952.23 check was not exempt because the conversion was fraudulent pursuant to Florida Statutes, § 222.30 . . . entireties property, as the evidence presented by the Trustee does not warrant a violation of F.S. § 222.30 . . . Florida Statutes, § 222.30(2) states: Any conversion by a debtor of an asset that results in the proceeds . . . Ann. § 222.30(2) (West 2005). . . .

In BRADSHAW,, 349 B.R. 511 (Bankr. E.D. Tenn. 2006)

. . . income as $1,924.98 and her total monthly expenses as $1,702.68, resulting in monthly excess income of $222.30 . . . individual’s expenses, the debtor’s sworn-to schedules establish that she has excess monthly income of $222.30 . . .

DeMAYO, v. CHAMES P. A., 934 So. 2d 548 (Fla. Dist. Ct. App. 2006)

. . . the specific intent of hindering, delaying and defrauding creditors in violation of section 222.29, 222.30 . . .

In J. LUDWIG, 345 B.R. 310 (Bankr. D. Colo. 2006)

. . . . §§ 222.30, 726.10, the court held that the purchase of the annuity on the eve of bankruptcy, debtor . . .

In V. LOWERY H., 335 B.R. 199 (Bankr. M.D. Fla. 2005)

. . . Pursuant to Florida Statute § 222.30 assets are not exempt if a debtor executes a fraudulent conversion . . . Section 222.30 adopts the definitional section from Florida Statutes § 726, “unless the application of . . . Section 222.30 provides the following: (1) As used in this section, "conversion” means every mode, direct . . . Stat. 222.30 (1993). . . .

In JENNINGS,, 332 B.R. 465 (Bankr. M.D. Fla. 2005)

. . . Section 222.30 of the Florida Statutes provides that “[a]ny conversion by a debtor of an asset that results . . . Section 222.30 adopts the definitional section from Florida Statutes § 726, “unless the application of . . . However, as Maxfield points out § 222.30 does not contain a size limitation on avoiding a fraudulent . . .

In D. POTTER, L. T. v. D. L., 320 B.R. 753 (Bankr. M.D. Fla. 2005)

. . . delaying, or defrauding his creditors within the meaning of Florida Statute Sections 726.105, 222.29 and 222.30 . . .

In SCOTT WETZEL SERVICES, INC. S. v., 293 B.R. 791 (Bankr. M.D. Fla. 2003)

. . . . § 222.30 and is based on the allegation that Ms. . . . Stat. § 222.30, which is the statute that provides relief to a party who claims that a debtor fraudulently . . .

BANKFIRST, v. UBS PAINE WEBBER, INC., 842 So. 2d 155 (Fla. Dist. Ct. App. 2003)

. . . La-vecchia, Jonathan Alper, and Mark Koteen is affirmed based on our conclusion that neither section 222.30 . . .

In REESE,, 281 B.R. 735 (Bankr. M.D. Fla. 2002)

. . . . § 222.30. Fla. . . . . § 222.30 provides in pertinent part: Fraudulent asset conversions (1) As used in this section, “conversion . . .

In V. LOWERY H., 272 B.R. 317 (Bankr. M.D. Fla. 2001)

. . . transfers or the conversion of non-exempt funds into exempt assets in contravention of §§ 222.29 and 222.30 . . . Stat. § 222.30 provides in pertinent part: Fraudulent asset conversions (1) As used in this section, . . . Stat. § 222.30. Debtors argue that policy 1 is a long standing policy. . . . Section 222.30 was not an available remedy in Barker because the annuities that were the subject of the . . . objection were purchased prior to the effective date of § 222.30. . . .

HAVOCO OF AMERICA, LTD. v. C. HILL,, 255 F.3d 1321 (11th Cir. 2001)

. . . . §§ 222.29 and 222.30? Id. at 1144. . . .

HAVOCO OF AMERICA, LTD. v. C. HILL,, 255 F.3d 1321 (11th Cir. 2001)

. . . . §§ 222.29 and 222.30? Id. at 1144. . . .

HAVOCO OF AMERICA, LTD. v. C. HILL,, 790 So. 2d 1018 (Fla. 2001)

. . . . § § 222.29 and 222.30? Havoco of America, Ltd. v. Hill, 197 F,3d 1135, 1144 (11th Cir.1999). . . . APPLICABILITY OF SECTIONS 726.105, 222.29, AND 222.30 TO THE HOMESTEAD EXEMPTION Section 726.105, Florida . . . Accordingly, we reach the same conclusion as to sections 222.29 and 222.30. . . . Section 222.30, Florida Statutes (2000), provides in pertinent part: 222.30 Fraudulent asset conversions . . . Several federal courts have concluded that sections 222.29 and 222.30 cannot expand or limit the scope . . .

YUSEM, C. v. SOUTH FLORIDA WATER MANAGEMENT DISTRICT, a C., 770 So. 2d 746 (Fla. Dist. Ct. App. 2000)

. . . Judith Yusem alleging that Henry Yusem engaged in a fraudulent asset conversion in violation of section 222.30 . . .

In H. TABONE, Sr., 247 B.R. 541 (Bankr. M.D. Fla. 2000)

. . . Courts are split regarding the impact of Florida Statutes §§ 222.29 and 222.30. . . . . §§ 222.29 and 222.30 (West 1999). . . . See Fla.Stat.Ann. § 222.30(2) (West 1999). . . . only applies to exemptions within § 222), with Thomas, 172 B.R. at 674 (holding that §§ 222.29 and 222.30 . . .

In T. CAMPBELL,, 248 B.R. 435 (Bankr. M.D. Fla. 2000)

. . . . § 222.30 (West 2000). . . .

In SIMMS, III A., 243 B.R. 156 (Bankr. S.D. Fla. 2000)

. . . hinder, delay, and defraud creditors in violation of Florida Statutes §§ 726.105, 726.108, 222.29, and 222.30 . . . hinder, delay, and defraud creditors in violation of Florida Statutes §§ 726.105, 726.108, 222.29, and 222.30 . . .

HAVOCO OF AMERICA, LTD. v. C. HILL,, 197 F.3d 1135 (11th Cir. 1999)

. . . . §§ 222.29 and 222.30. . . . Stat. § 222.30(2). . . . Stat. §§ 222.29 and 222.30 were not in effect at the time of this case, we have previously concluded . . . STAT. §§ 222.29 and 222.30? . . . Stat. chs. 726.105, 222.29, and 222.30. . . . .

HAVOCO OF AMERICA, LTD. v. C. HILL,, 197 F.3d 1135 (11th Cir. 1999)

In R. LAING,, 242 B.R. 538 (Bankr. S.D. Fla. 1999)

. . . . § 222.30, occurs when a debtor’s conversion of an asset results in its proceeds becoming exempt. . . .

RODRIGUEZ, v. McLOUGHLIN, s s s, 84 F. Supp. 2d 417 (S.D.N.Y. 1999)

. . . Seife $425.00 222.30 $ 94,477.50 J. Askey $110.00 123.50 $ 13,585.00 A. . . .

In K. HENDRICKS,, 237 B.R. 821 (Bankr. M.D. Fla. 1999)

. . . that the Florida legislature intended to change this rule by enacting Florida Statutes § 222.29 and § 222.30 . . . Fla.Stat. § 222.30 simply provides that the protection of the Uniform Fraudulent Transfer Act applies . . .

MORSE, v. KOHL, METZGER, SPOTTS, P. A., 725 So. 2d 436 (Fla. Dist. Ct. App. 1999)

. . . the account on the ground that Appellant engaged in a fraudulent transfer of his trust funds under § 222.30 . . .

In LEE,, 223 B.R. 594 (Bankr. M.D. Fla. 1998)

. . . As FBC concedes, Section 222.30, Fla.Stat., is not implicated. . . .

In KRAVITZ,, 225 B.R. 515 (Bankr. D. Mass. 1998)

. . . 1993, while this case law was developing, the Florida legislature stepped into the fray, enacting § 222.30 . . . Fla.Stat.Ann. § 222.30 (West 1998). . . .

In LAZIN,, 221 B.R. 982 (Bankr. M.D. Fla. 1998)

. . . This Statute is part of the Chapter which now includes § 222.30. . . . Section 222.30 provides that any conversion of non-exempt assets to exempt assets is a fraudulent asset . . .

In J. JOST, KEY BANK OF MAINE, v. J. JOST,, 136 F.3d 1455 (11th Cir. 1998)

. . . hinder, delay, or defraud creditors); In re Thomas, 172 B.R. 673, 674 (Bankr.M.D.Fla.1994) (applying § 222.30 . . .

In J. JOST, KEY BANK OF MAINE, v. J. JOST,, 136 F.3d 1455 (11th Cir. 1998)

. . . hinder, delay, or defraud creditors); In re Thomas, 172 B.R. 673, 674 (Bankr.M.D.Fla.1994) (applying § 222.30 . . .

In Re LEVINE, a. k. a. P. a. k. a. LEVINE, a. k. a. a. k. a. v. WEISSING,, 216 B.R. 1046 (11th Cir. 1998)

. . . . § 222.30(2). . . . We conclude, as did the district court in Davidson, that prior to the adoption of § 222.30, § 726.105 . . . Moreover, § 222.30 expressly adopts the definitional section from § 726 “unless the application of a . . . Stat. § 222.30(1). . . . Stat. § 222.30 does not necessarily suggest that no remedy for transfer of assets from non-exempt to . . .

In Re LEVINE, a. k. a. P. a. k. a. LEVINE, a. k. a. a. k. a. v. WEISSING,, 134 F.3d 1046 (11th Cir. 1998)

In C. HERRELL,, 210 B.R. 386 (Bankr. N.D. Fla. 1997)

. . . . § 222.30, and thus, the insurance policy may not be claimed as exempt. . . . Stat. § 222.30 applies only to transactions occurring on or after October 1, 1993. 1993 Fla. . . .

In H. WILBUR,, 206 B.R. 1002 (Bankr. M.D. Fla. 1997)

. . . . §§ 222.29 and 222.30. (Id.). 13. . . . The Receiver and Trustee relied on Fla.Stat. § 222.30(1)-(2) to support their contention that the Court . . . held that a homestead exemption will not be disallowed even upon a finding of fraud under Fla.Stat. 222.30 . . . The Court does note, however, that it did not rely on Fla.Stat. 222.30 in Brown or Frederick, and is . . . Section 222.30 of the Florida Statutes provides, in relevant part, that: (1) As used in this section, . . .

In CLEMENTS,, 194 B.R. 923 (Bankr. M.D. Fla. 1996)

. . . . § 222.29 and § 222.30. . . .

In MILLER, L. MEININGER, v. MILLER E., 188 B.R. 302 (Bankr. M.D. Fla. 1995)

. . . . § 222.30. This is a recent amendment which became effective October 1,1993. . . . consideration, i.e. the purchase of the annuities, it has been stated that the enactment of Fla.Stat. § 222.30 . . .

BANK LEUMI TRUST COMPANY OF NEW YORK, v. LANG MEA, 898 F. Supp. 883 (S.D. Fla. 1995)

. . . . § 222.30. § 222.30 provides that any conversion of non-exempt assets to exempt assets is a fraudulent . . . Although § 222.30 is not directly applicable to the present case, it has been stated that “the enactment . . . of [Fla.Stat.] § 222.30 did little to alter the law. . . . While it can be and has been argued that Fla.Stat. § 222.30 would not have been necessary if the law . . . of fraud” operates as a permanent brake upon misuse of the exemption, then the view that Fla.Stat. § 222.30 . . .

In PUFF N STUFF OF WINTER PARK, INC. F. B., 183 B.R. 959 (Bankr. M.D. Fla. 1995)

. . . (3) Section 222.25(2), exempting health aids for debtors and dependents; and (4) Section 222.29 and 222.30 . . .

In H. BEAHM S. R. KAPILA, v. H. BEAHM S., 179 B.R. 329 (S.D. Fla. 1995)

. . . As was noted in Davidson, effective October 1,1993, Florida Statute Section 222.30 provides that any . . . Trustee, however, argues that Florida Statute 222.30 (enacted after the establishment of the Annuity) . . . Bankruptcy Court in that case, as well as the case at bar, focused on the fact that Florida Statute § 222.30 . . . Florida Statute § 222.30(2) provides that: Any conversion by a debtor of an asset that results in the . . . Because Section 222.30 only applies to a transfer or conversion occurring on or after October 1, 1993 . . .

In DAVIDSON AMERITRUST NATIONAL BANK n k a C. v. DAVIDSON, 178 B.R. 544 (S.D. Fla. 1995)

. . . consequence for fraudulent conduct, [in a footnote, the Bankruptcy Court refers to Florida Statute 222.30 . . . Debtors’ claimed Annuity exemption, the Bankruptcy Court focused on the fact that Florida Statute § 222.30 . . . Florida Statute § 222.30(2) provides that: Any conversion by a debtor of an asset that results in the . . . Because Section 222.30 only applies to a transfer or conversion occurring on or after October 1, 199S . . .

In THOMAS, P., 172 B.R. 673 (Bankr. M.D. Fla. 1994)

. . . . § 222.30(2) Fraudulent asset conversions.— Any conversion by a debtor of an asset that results in the . . .

In D. BARKER, G. K. CREWS, D. G. v. FIRST COLONY LIFE INSURANCE COMPANY, D., 168 B.R. 773 (Bankr. M.D. Fla. 1994)

. . . . § 222.30 (West 1993). . . .

In DAVIDSON AMERITRUST NATIONAL BANK, n k a v. DAVIDSON FURR, v. DAVIDSON, 164 B.R. 782 (Bankr. S.D. Fla. 1994)

. . . Effective October 1, 1993, Florida Statute Section 222.30 provides that any conversion of nonexempt assets . . .

CHULA VISTA CITY SCHOOL DISTRICT, v. J. BENNETT,, 824 F.2d 1573 (Fed. Cir. 1987)

. . . . § 222.30(b)(2) expressly authorized the Secretary “to make the type of comparison that takes place . . . NO. 2287, 81st Cong., 2d Sess. 11 (1950). . 20 U.S.C. § 238(d)(3) (1982). . 34 C.F.R. § 222.30 (1985) . . . The second preceding fiscal year is the year used for comparison. 34 C.F.R. § 222.30(b) (1985). . . . .

CHULA VISTA CITY SCHOOL DISTRICT, v. J. BENNETT,, 824 F.2d 1573 (Fed. Cir. 1987)

CHULA VISTA CITY SCHOOL DISTRICT, v. T. H. BELL, CHULA VISTA CITY SCHOOL DISTRICT, v. T. H. BELL,, 762 F.2d 762 (9th Cir. 1985)

. . . . §§ 222.30-.32 (1984). . . .

UNITED STATES, v. BEAUTI- VUE PRODUCTS COMPANY,, 449 F.2d 1404 (C.C.P.A. 1971)

. . . fibrous vegetable materials, suitable for use in making blinds, shutters, curtains, screens or shades: 222.30 . . . The goods are not properly classified in items 222.30, 222.32 or 222.34 which relate to exemplars of . . .

v. Co., 59 C.C.P.A. 12 (C.C.P.A. 1971)

THE ARK, 17 F.2d 446 (S.D. Fla. 1926)

. . . of labor and material to said vessel at the instance of the Freeman Enterprises Company, claiming ' $222.30 . . .

Co. v. C. C. R. Co., 52 F. 526 (C.C.D.S.C. 1892)

. . . during the 90 days preceding the appointment of a receiver, there is due for salary $600, for expenses $222.30 . . .