Okla. Stat. tit. 31, § 31-1

sale - Bankruptcy proceedings.

A. Except as otherwise provided in this title and

notwithstanding subsection B of this section, the following property

shall be reserved to every person residing in the state, exempt from

attachment or execution and every other species of forced sale for

the payment of debts, except as herein provided:

1. The home of such person, provided that such home is the

principal residence of such person;

2. A manufactured home, provided that such manufactured home is

the principal residence of such person;

3. All household and kitchen furniture held primarily for the

personal, family, educational or household use of such person or a

dependent of such person, including a personal computer and related

equipment;

4. Any lot or lots in a cemetery held for the purpose of

sepulcher;

5. Implements of husbandry necessary to farm the homestead and

tools, apparatus and books used in any trade or profession of such

person or a dependent of such person, not to exceed Ten Thousand

Dollars ($10,000.00) in aggregate value;

6. All books, portraits and pictures that are held primarily

for the personal, family or household use of such person or a

dependent of such person;

7. The person's interest, not to exceed Four Thousand Dollars

($4,000.00) in aggregate value, in wearing apparel that is held

primarily for the personal, family or household use of such person

or a dependent of such person;

8. The person's interest, not to exceed Three Thousand Dollars

($3,000.00) in aggregate value, in wedding and anniversary rings;

9. All professionally prescribed health aids for such person or

a dependent of such person;

10. Five milk cows and their calves under six (6) months old,

that are held primarily for the personal, family or household use of

such person or a dependent of such person;

11. One hundred chickens, that are held primarily for the

personal, family or household use of such person or a dependent of

such person;

12. Two horses and two bridles and two saddles, that are held

primarily for the personal, family or household use of such person

or a dependent of such person;

13. Such person's interest, not to exceed Seven Thousand Five

Hundred Dollars ($7,500.00) in value, in one motor vehicle;

14. Guns, not to exceed Two Thousand Dollars ($2,000.00) in

aggregate value, that are held primarily for the personal, family or

household use of such person or a dependent of such person, provided

that nothing in this subsection shall be construed to allow a person

to exempt guns which are used mainly as an investment or

nonpersonal, family or household use;

15. Ten hogs, that are held primarily for the personal, family

or household use of such person or a dependent of such person;

16. Twenty head of sheep, that are held primarily for the

personal, family or household use of such person or a dependent of

such person;

17. All provisions and forage on hand, or growing for home

consumption, and for the use of exempt stock for one (1) year;

18. Seventy-five percent (75%) of all current wages or earnings

for personal or professional services earned during the last ninety
;

16. Twenty head of sheep, that are held primarily for the

personal, family or household use of such person or a dependent of

such person;

17. All provisions and forage on hand, or growing for home

consumption, and for the use of exempt stock for one (1) year;

18. Seventy-five percent (75%) of all current wages or earnings

for personal or professional services earned during the last ninety

(90) days, except as provided in Title 12 of the Oklahoma Statutes

in garnishment proceedings for collection of child support;

19. Such person's right to receive alimony, support, separate

maintenance or child support payments to the extent reasonably

necessary for the support of such person and any dependent of such

person;

20. Subject to the Uniform Fraudulent Transfer Act, Section 112

et seq. of Title 24 of the Oklahoma Statutes, any interest in a

retirement plan or arrangement qualified for tax exemption or

deferment purposes under present or future Acts of Congress

including any distributions from said plan or arrangement; provided,

any transfer or rollover contribution between retirement plans or

arrangements which avoids current federal income taxation shall not

Oklahoma Statutes - Title 31. Homestead and Exemptions Page 2

be deemed a transfer which is fraudulent as to a creditor under the

Uniform Fraudulent Transfer Act. "Retirement plan or arrangement

qualified for tax exemption purposes" shall include without

limitation, trusts, custodial accounts, insurance, annuity contracts

and other properties and rights constituting a part thereof. By way

of example and not by limitation, retirement plans or arrangements

qualified for tax exemption or deferment purposes permitted under

present Acts of Congress include defined contribution plans and

defined benefit plans as defined under the Internal Revenue Code

("IRC"), individual retirement accounts, individual retirement

annuities, simplified employee pension plans, Keogh plans, IRC

Section 403(a) annuity plans, IRC Section 403(b) annuities, Roth

individual retirement accounts created pursuant to IRC Section 408A,

educational individual retirement accounts created pursuant to IRC

Section 530 and eligible state deferred compensation plans governed

under IRC Section 457. This provision shall be in addition to and

not a limitation of any other provision of the Oklahoma Statutes

which grants an exemption from attachment or execution and every

other species of forced sale for the payment of debts. This

provision shall be effective for retirement plans and arrangements

in existence on, or created after April 16, 1987;

21. Such person's interest in a claim for personal bodily

injury, death or workers' compensation claim, for a net amount not

in excess of Fifty Thousand Dollars ($50,000.00), but not including

any claim for exemplary or punitive damages;

22. Funds in an individual development account established

pursuant to the provisions of Section 251 et seq. of Title 56 of the

Oklahoma Statutes;

23. Any amount received pursuant to the federal earned income

tax credit; and

24. Any interest in an Oklahoma College Savings Plan account

established pursuant to the provisions of Section 3970.1 et seq. of

Title 70 of the Oklahoma Statutes.

B. No natural person residing in this state may exempt from the

property of the estate in any bankruptcy proceeding the property

specified in subsection (d) of Section 522 of the Bankruptcy Reform

Act of 1978, Public Law 95-598, 11 U.S.C.A. 101 et seq., except as

may otherwise be expressly permitted under this title or other

statutes of this state.