66-3-308 - Remedies of creditors.

66-3-308. Remedies of creditors.

(a)  In an action for relief against a transfer or obligation under this part, a creditor, subject to the limitations in § 66-3-309, may obtain:

     (1)  Avoidance of the transfer or obligation to the extent necessary to satisfy the creditor's claim;

     (2)  An attachment or other provisional remedy against the asset transferred or other property of the transferee in accordance with the procedure prescribed by title 26;

     (3)  Subject to applicable principles of equity and in accordance with applicable rules of civil procedure:

          (A)  An injunction against further disposition by the debtor or a transferee, or both, of the asset transferred or of other property;

          (B)  Appointment of a receiver to take charge of the asset transferred or of other property of the transferee; or

          (C)  Any other relief the circumstances may require.

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

[Acts 2003, ch. 42, § 1.]