Legislation
SECTION 276
Remedies of creditor
Debtor & Creditor (DCD) CHAPTER 12, ARTICLE 10
§ 276. Remedies of creditor. (a) In an action for relief against a
transfer or obligation under this article, a creditor, subject to the
limitations in section two hundred seventy-seven of this article, 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 if available under
applicable law; and
(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.
transfer or obligation under this article, a creditor, subject to the
limitations in section two hundred seventy-seven of this article, 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 if available under
applicable law; and
(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.