Remedies of creditors

SDCL § 54-8A-7 — under UNIFORM FRAUDULENT TRANSFER ACT.

SDCL § 54-8A-7

(a) In an action for relief against a transfer or obligation under this chapter, a creditor, subject to the limitations in § 54-8A-8 , 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; (3) 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. (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. Source: SL 1987, ch 365 , § 7.