The receiver shall be vested with the property and effects and rights in action of the judgment debtor, not exempt by law, or such part thereof as the court or judge may order, and may sue for, collect, and recover, and dispose of the same, and apply the proceeds according to the order of the court or judge, and generally may do such acts concerning the property as the court or judge may authorize.
§ 855.Rights and Powers of Receiver
Chapter 13: Limitation of Actions · Not amended since adoption on record · Last verified August 3, 2026
In one sentenceSection 855 vests the receiver with the judgment debtor's nonexempt property, effects, and rights in action, or whatever part the court orders, with authority to sue for, collect, recover, and dispose of it and apply the proceeds as the court directs.
Full Text of § 855
Amendment History
R.L. 1910, § 5203.
Plain-English Summary
Section 855 defines what a receiver gets to do. The receiver takes the judgment debtor's nonexempt property, effects, and rights in action, or such part of them as the court or judge orders, and may sue for, collect, recover, and dispose of that property. The receiver applies the proceeds according to the court's or judge's order, and may generally do whatever else the court or judge authorizes concerning the property.
Frequently Asked Questions
What can a receiver do with the debtor's property once appointed?
The receiver may sue for, collect, recover, and dispose of the debtor's nonexempt property and rights in action, and apply the proceeds as the court or judge orders.
Does the receiver take all of the debtor's property?
Only the nonexempt property, effects, and rights in action, or such part of them as the court or judge orders.
Can the receiver do anything the court hasn't specifically listed?
Yes. The receiver may generally do such acts concerning the property as the court or judge authorizes.
Source & verification. Section text is reproduced verbatim from
Title 12 of the Oklahoma Statutes, enacted by the Oklahoma Legislature.
Last verified August 3, 2026.
· Official source
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