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
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…”
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.”
— Okla. Stat. tit. 24, § 117(A) — 2 cases
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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