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§ 38. Inventory, necessity and requisites of

Oklahoma Statutes AnnotatedTitle 24. Debtor and Creditor

Oklahoma Statutes Annotated
Title 24. Debtor and Creditor (Refs & Annos)
Chapter 2. Assignments for Benefit of Creditors
24 Okl.St.Ann. § 38
§ 38. Inventory, necessity and requisites of
Currentness
Within twenty (20) days after an assignment is made for the benefit of creditors, the assignor must make and file in the manner prescribed by Section 2231 a full and true inventory, showing:
1. All the creditors of the assignor.
2. The place of residence of each creditor, if known to the assignor, or, if not known, that fact must be stated.
3. The sum owing to each creditor, and the nature of each debt or liability, whether arising on written security, account or otherwise.
4. The true consideration of the liability in each case, and the place where it arose.
5. Every existing judgment, mortgage, or other security for the payment of any debt or liability of the assignor.
6. All property of the assignor at the date of the assignment, which is exempt by law from execution; and,
7. All the assignor's property at the date of the assignment both real and personal, of every kind not so exempt, and the encumbrances existing thereon, and all vouchers and securities relating thereto, and the value of such property according to the best knowledge of the assignor.

Credits

R.L.1910, § 221.

Footnotes

1
Title 24, § 40.
24 Okl. St. Ann. § 38, OK ST T. 24 § 38
Current with emergency effective legislation through Chapter 106 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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