Florida Statute 222.30
“Fraudulent asset conversions”
What it means
A “conversion” under s. 222.30 is any way, direct or indirect, absolute or conditional, of changing or disposing of an asset so that its products or proceeds become immune or exempt by law from creditors' claims while still remaining the debtor's property. The definitions in chapter 726 apply unless that would be unreasonable.
A conversion that makes the proceeds exempt is a fraudulent asset conversion as to a creditor, whether the creditor's claim arose before or after the conversion, if the debtor made it with the intent to hinder, delay, or defraud the creditor.
In an action, the creditor may obtain avoidance to the extent necessary to satisfy the claim, an attachment or other provisional remedy against the asset, an injunction against further conversion, and other relief the circumstances require. A creditor with a judgment may levy execution on the converted asset or its proceeds if the court so orders. The cause of action is extinguished unless brought within 4 years after the conversion. If the converted asset is later transferred to a third party, chapter 726 applies to that transfer.
- A conversion is a change in an asset so its proceeds become exempt while remaining the debtor's property. (§ 222.30(1))
- A conversion made with intent to hinder, delay, or defraud a creditor is fraudulent whether the claim arose before or after it. (§ 222.30(2))
- Remedies include avoidance, attachment or other provisional remedy, an injunction, and other relief. (§ 222.30(3))
- The cause of action is extinguished unless brought within 4 years after the conversion. (§ 222.30(5))
- A later transfer of the converted asset to a third party falls under chapter 726. (§ 222.30(6))
Text of the statute (2026)
(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. (c) Subject to applicable principles of equity and in accordance with applicable rules of civil procedure: 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.
Excerpts are the subsections the summary relies on. Read the full official text of § 222.30.
History. s. 5, ch. 93-256.
How it applies
Section 222.30 applies to a debtor's own change of form, such as turning a non-exempt asset into an exempt one, and the dispositive question is the debtor's intent. Intent is shown by the facts, and the factors in s. 726.105(2) are the closest statutory guide because s. 222.30(1) applies chapter 726 definitions. In an estate, a personal representative or creditor may review a decedent's recent transactions for conversions. The 4-year limit in subsection (5) runs from the conversion.
Related sections
Questions people ask
Sources
- Florida Statutes s. 222.30 (2026), Florida Senate (“is extinguished unless an action is brought within 4 years after the fraudulent asset conversion was made.”)
- Florida Statutes s. 726.108 (2026), Florida Senate (Remedies of creditors under chapter 726, which s. 222.30(3) parallels.)
Last checked: October 17, 2026
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