Section 303 – Remedies of creditors.

• (1) In an action for relief against a transfer or obligation under this chapter, a creditor, subject to the limitations in Section 25-6-304, may obtain:
  • (a) avoidance of the transfer or obligation to the extent necessary to satisfy the creditor’s claim;
  • (b) an attachment or other provisional remedy against the asset transferred or other property of the transferee if available under applicable law;
  • (c) subject to applicable principles of equity and in accordance with applicable rules of civil procedure:
    • (i) an injunction against further disposition by the debtor or a transferee, or both, of the asset transferred or of other property;
    • (ii) appointment of a receiver to take charge of the asset transferred or of other property of the transferee; or
    • (iii) any other relief the circumstances may require.

• (2) If a creditor has obtained a judgment on a claim against the debtor, the creditor, if the court orders, may levy execution on the asset transferred or its proceeds.

Renumbered and Amended by Chapter 204, 2017 General Session