Okla. Stat. tit. 24 § 119

Current through Laws 2024, c. 453.

Section 119 - Creditor's remedies

A. In an action for relief against a transfer or obligation pursuant to the provisions of the Uniform Fraudulent Transfer Act, a creditor, subject to the limitations of Section 9 of this act, may obtain:

1. Avoidance of the transfer or obligation to the extent necessary to satisfy the creditor's claim; or

2. An attachment or other provisional remedy against the asset transferred or other property of the transferee as provided for by law; or

3. Subject to applicable principles of equity and in accordance with applicable rules of civil procedure:

a. an injunction against further disposition by the debtor or a transferee, or both, of the asset transferred or of other property, or

b. appointment of a receiver to take charge of the asset transferred or of other property of the transferee, or

c. any other relief the circumstances may require.

B. 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 transferred or its proceeds.

Okla. Stat. tit. 24, § 119

Added by Laws 1986, c. 100, § 8, eff. 11/1/1986.