Oklahoma § 24-119 - Creditor's remedies
Full text of Oklahoma Oklahoma Statutes § 24-119 — Creditor's remedies, with citation guidance and answers to common questions.
§ 24-119. 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.
Added by Laws 1986, c. 100, § 8, eff. Nov. 1, 1986.
Frequently Asked Questions About Oklahoma § 24-119
What does Oklahoma Statutes § 24-119 cover?
Section 24-119 ("Creditor's remedies") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Oklahoma § 24-119?
A common citation format is "Oklahoma Statutes § 24-119" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Oklahoma law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.
How does Oklahoma § 24-119 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.