Oklahoma Statutes

Okla. Stat. tit. 24, § 122 (2026)

Supplementary principles of law and equity

✓ current as of July 2026
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Unless displaced by the provisions of the Uniform Fraudulent Transfer Act, the principles of law and equity, including the law merchant and the law relating to principal and agent, estoppel, laches, fraud, misrepresentation, duress, coercion, mistake, insolvency, or other validating or invalidating cause, supplement the provisions of the Uniform Fraudulent Transfer Act. Added by Laws 1986, c. 100, § 11, eff. Nov. 1, 1986.

Notes of Decisions
Cited in 2 cases, 2004–2012 · leading case: Sheffield Steel Corp. v. HMK Enter., Inc. (In Re Sheffield Steel Corp.), 320 B.R. 423 (Bankr. N.D. Okla 2004).
Sheffield Steel Corp. v. HMK Enter., Inc. (In Re Sheffield Steel Corp.), 320 B.R. 423 (Bankr. N.D. Okla 2004). “However, Section 122 of title 24 of the Oklahoma Statutes provides— Unless displaced by the provisions of the [Oklahoma] Uniform Fraudulent Transfer Act, the principles of law and equity, including the law merchant and the law relating to principal and agent, estoppel, laches,…”
Vaughan v. Graves, 291 P.3d 623 (Okla. 2012). “" Okla. Stat. tit. 24, § 122 (2011). . Similarly, registration of a foreign judgment does not create a lien on real property of a judgment debtor until a statement of judgment has been filed in the office of the county clerk in that county.”
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