Oklahoma Statutes

Okla. Stat. tit. 24, § 117 (2026)

Transfer fraudulent to creditor whose claim arose before

✓ current as of July 2026
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transfer made or obligation incurred. A. A transfer made or obligation incurred by a debtor is fraudulent as to a creditor whose claim arose before the transfer was made or the obligation was incurred if the debtor made the transfer or incurred the obligation without receiving a reasonably equivalent value in exchange for the transfer or obligation and the debtor was insolvent at that time or the debtor became insolvent as a result of the transfer or obligation. B. A transfer made by a debtor is fraudulent as to a creditor whose claim arose before the transfer was made if the transfer was made to an insider for an antecedent debt, the debtor was insolvent at that time, and the insider had reasonable cause to believe that the debtor was insolvent. Added by Laws 1986, c. 100, § 6, eff. Nov. 1, 1986.

Notes of Decisions
Cited in 9 cases (1 in the last 5 years), 1993–2025 · leading case: Farm Credit Bank of Wichita v. Woodring, 851 P.2d 532 (Okla. 1993).
Farm Credit Bank of Wichita v. Woodring, 851 P.2d 532 (Okla. 1993). · cites it 7× “We find that because a trustee has a duty to pay valid trust debts before distributing trust property, the pretrial death of a trustor does not moot a cause of action for fraudulent transfer 1 pursuant to the Uniform Fraudulent Transfer Act (Fraudulent Transfer Act), 2 24…”
Stillwater Nat'l Bank & Trust Co. v. Kirtley (In Re Solomon), 299 B.R. 626 (10th Cir. BAP 2003). “Okla. Stat. tit. 24, § 117 (A) (emphasis added).”
Sheffield Steel Corp. v. HMK Enter., Inc. (In Re Sheffield Steel Corp.), 320 B.R. 423 (Bankr. N.D. Okla 2004). “24 O.S. § 117(A). Section 117 is identical to Section 5 of the Uniform Fraudulent Transfer Act.”
Oklahoma Ex Rel. Doak v. Acrisure Bus. Outsourcing Servs., LLC, 529 F. App'x 886 (10th Cir. 2013). “35 (1); Okla. Stat. tit. 24, § 117 .A. Thus, Mr. Doak was required to come forward with evidence from which a reasonable trier of fact could find that the $4.”
Expert South Tulsa, LLC v. Cornerstone Creek Partners, LLC (In re Expert South Tulsa, LLC), 534 B.R. 400 (10th Cir. BAP 2015). “Okla. Stat. Ann. tit. 24, § 117 (1986). .”
Dowell v. Dennis, 2000 OK CIV APP 29 (Okla. Civ. App. 2000). “Dowell argued further that the transfer was fraudulent under 24 O.S.1991 § 117, 9 and that accordingly, the divorce decree was void on its face.”
United States v. Davenport, 412 F. Supp. 2d 1201 (W.D. Okla. 2005). “24 O.S. § 117(A). A debtor is insolvent if the sum of his debts exceeds a fair valuation of his assets.”
White v. Wardley (10th Cir. 2025). “We find that standard clearly met as to each of the four benefit categories described above.”
E.H. Hawes Revocable Trust v. United States Bankr. Court for the Dist. of Kansas - Kansas City (10th Cir. BAP 2015). “EST does not contest that real properties subject to liens equal to or in excess of their value are not “assets” subject to the UFTA.”
— Okla. Stat. tit. 24, § 117(A) — 2 cases
Sheffield Steel Corp. v. HMK Enter., Inc. (In Re Sheffield Steel Corp.), 320 B.R. 423 (Bankr. N.D. Okla 2004). “24 O.S. § 117(A). Section 117 is identical to Section 5 of the Uniform Fraudulent Transfer Act.”
United States v. Davenport, 412 F. Supp. 2d 1201 (W.D. Okla. 2005). “24 O.S. § 117(A). A debtor is insolvent if the sum of his debts exceeds a fair valuation of his assets.”
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