§ 3445 Transfer Creditor Definitions

• •This law defines what 'transfer' means, but you have to check another law (Section 3439.01) to know exactly what it is.
• •It also says who a 'creditor' is, but again, you need to look at Section 3439.01 for the full meaning.
• •A 'transferee' is the person who gets something (like money or property) from someone else, or someone who takes over their rights.

If you lend your friend $100 and they give you their bike as a promise to pay you back later.

In this case, you are the 'creditor' because you lent the money. Your friend is the 'transferee' because they got the money from you. The bike is the 'transfer' because it was given to you as a promise.