Okla. Stat. tit. 24, § 24-34: Assignments void in certain cases

An assignment for the benefit of creditors is void against any

creditor of the assignor not assenting thereto, in the following

cases:

1. If it tend to coerce any creditor to release or compromise

his demand.

2. If it provide for the payment of any claim known to the

assignor to be false or fraudulent; or for the payment of more upon

any claim than is known to be justly due from the assignor.

3. If it reserve any interest in the assigned property, or in

any part thereof, to the assignor, or for his benefit, before all

his existing debts are paid, other than property exempt by law from

execution.

4. If it confer upon the assignee any power which, if

exercised, might prevent or delay the immediate conversion of the

assigned property to the purposes of the trust.

5. If it exempt him from liability for neglect of duty or

misconduct.