Oklahoma Code § 18-2034

Oklahoma Code § 18-2034. Reproduced from the official Oklahoma Statutes, with a citation summary, verification link, and related provisions.

§ 18-2034.

Judgment creditor - Rights - Exclusive remedy.

JUDGMENT CREDITOR; RIGHTS; EXCLUSIVE REMEDY

On application to a court of competent jurisdiction by any

judgment creditor of a member, the court may charge the capital

interest of the member with payment of the unsatisfied amount of the

judgment with interest. To the extent so charged, the judgment

creditor has only the rights of an assignee of the capital interest.

A charging order entered by a court pursuant to this section shall

in no event be convertible into a membership interest through

foreclosure or other action. The Oklahoma Limited Liability Company

Act does not deprive any member of the benefit of any exemption laws

applicable to his or her membership or capital interest. This

section shall be the sole and exclusive remedy of a judgment

creditor with respect to the judgment debtor's membership and

capital interest, whether the limited liability company has one

member or more than one member.

Oklahoma Statutes - Title 18. Corporations

Added by Laws 1992, c. 148, § 35, eff. Sept. 1, 1992. Amended by

Laws 1993, c. 366, § 18, eff. Sept. 1, 1993; Laws 2004, c. 255, §

46, eff. Nov. 1, 2004; Laws 2017, c. 323, § 47, eff. Nov. 1, 2017.

Source: official Oklahoma text · Last verified 2026-08-27

At a glance

  • Citation: Oklahoma Statutes § 18-2034
  • Jurisdiction: Oklahoma
  • Code: Oklahoma Statutes
  • Text: transcribed from the official source (verify below)

Verify the text

Statute text is transcribed from the official Oklahoma Statutes. Confirm it against the primary source before relying on it:

Not legal advice. Verify against the official source and consult a licensed Oklahoma attorney.

Common questions

What is the source of Oklahoma Statutes § 18-2034?

The text above is transcribed from the Oklahoma Statutes, the codified statutes of Oklahoma. The official publisher link appears under "Verify the text" on this page.

What subject does Oklahoma Statutes § 18-2034 address?

It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.

Is Oklahoma Statutes § 18-2034 still in force?

Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Oklahoma source before relying on this text.

Can this page be used as legal advice?

No. This is a reference transcription for research. Applying Oklahoma law to your facts requires a licensed Oklahoma attorney who can review the specifics.