Okla. Stat. tit. 24, § 24-121
This is the official text of Okla. Stat. tit. 24, § 24-121, part of Oklahoma’s Stat. tit. 24, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 24,." Browse the sections below, each linked to its official government source.
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Limitation of actions
Official statutory text
A cause of action with respect to a fraudulent transfer or
obligation pursuant to the provisions of the Uniform Fraudulent
Transfer Act, Section 112 et seq. of this title, is extinguished
unless action is brought:
1. Pursuant to the provisions of paragraph 1 of subsection A of
Section 116 of this title, within four (4) years after the transfer
was made or the obligation was incurred or, if later, within one (1)
year after the transfer or obligation was or could reasonably have
been discovered by the claimant;
2. Pursuant to the provisions of paragraph 2 of subsection A of
Section 116 of this title or subsection A of Section 117 of this
title, within four (4) years after the transfer was made or the
obligation was incurred;
Oklahoma Statutes - Title 24. Debtor and Creditor Page 20
3. Pursuant to the provisions of subsection B of Section 117 of
this title, within one (1) year after the transfer was made or the
obligation was incurred; or
4. For the purpose of transfers made or obligations incurred
prior to November 1, 1986, the statute of limitations in effect
prior to November 1, 1986, shall apply to claims or causes of action
based thereon, but in no event shall a claim or cause of action be
brought with respect to such transfers or obligations incurred any
later than November 1, 1990.
obligation pursuant to the provisions of the Uniform Fraudulent
Transfer Act, Section 112 et seq. of this title, is extinguished
unless action is brought:
1. Pursuant to the provisions of paragraph 1 of subsection A of
Section 116 of this title, within four (4) years after the transfer
was made or the obligation was incurred or, if later, within one (1)
year after the transfer or obligation was or could reasonably have
been discovered by the claimant;
2. Pursuant to the provisions of paragraph 2 of subsection A of
Section 116 of this title or subsection A of Section 117 of this
title, within four (4) years after the transfer was made or the
obligation was incurred;
Oklahoma Statutes - Title 24. Debtor and Creditor Page 20
3. Pursuant to the provisions of subsection B of Section 117 of
this title, within one (1) year after the transfer was made or the
obligation was incurred; or
4. For the purpose of transfers made or obligations incurred
prior to November 1, 1986, the statute of limitations in effect
prior to November 1, 1986, shall apply to claims or causes of action
based thereon, but in no event shall a claim or cause of action be
brought with respect to such transfers or obligations incurred any
later than November 1, 1990.
Status: in_force · Read it on the official government site
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