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CITIZENS STATE BANK OF HAYFIELD v. LETH

No. C0-89-1435.

450 N.W.2d 923 (1990)

CITIZENS STATE BANK OF HAYFIELD, Respondent, v. Erling LETH, et al., Appellants.

Court of Appeals of Minnesota.

January 23, 1990.

Attorney(s) appearing for the Case

Steven C. Youngquist, Rochester, for appellants.

Paul J. Kiltinen, Weber Law Offices, Dodge Center, for respondent.

Heard, considered and decided by RANDALL, P.J., and PARKER and SCHUMACHER, JJ.

OPINION

PARKER, Judge.

Erling Leth, a debtor of respondent Citizens Bank of Hayfield, appeals a trial court judgment voiding, as violative of the Uniform Fraudulent Transfer Act (UFTA), a transfer of his land to a family trust, thus causing the land to revert to Leth subject to a prior lien in favor of the bank. We affirm.

FACTS

In 1981 Erling Leth and two others started an alcohol conversion business called Zumbro Valley Alcohol and Feed...

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