Current through 131st (2023-2024) Legislature Chapter 684
Section 3578 - Remedies of creditors1.Action for relief. In any action for relief against a transfer or obligation under this Act, a creditor, subject to the limitations provided in section 3579, may obtain: A. Avoidance of the transfer or obligation to the extent necessary to satisfy the creditor's claim; [1985, c. 641, §3(NEW).]B. An attachment, trustee process or other provisional remedy against the asset transferred or other property of the transferee in accordance with the procedure prescribed by law; or [1985, c. 641, §3(NEW).]C. Subject to applicable principles of equity and in accordance with applicable civil rules of procedure: (1) An injunction against further disposition by the debtor or a transferee, or both, of the asset transferred or of other property;(2) Appointment of a receiver to take charge of the asset transferred or of other property of the transferee;(3) Damages in an amount not to exceed double the value of the property transferred or concealed; or(4) Any other relief the circumstances may require. [1991, c. 114(AMD).] [1991, c. 114(AMD).]
2.Execution. 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. [1985, c. 641, §3(NEW).]
1985, c. 641, § 3 (NEW) . 1991, c. 114, (AMD) . 1991, c. 114, (AMD) .