Consumer Bankruptcy Law and Practice: OKLAHOMA
Has state opted out of federal bankruptcy exemptions? Yes. Okla. Stat. tit. 31, § 1(B).
Is opt out limited to residents or domiciliaries of the state? Yes. Okla. Stat. tit. 31, § 1(B): “No natural person residing in this state may exempt from the property of the estate in any bankruptcy proceeding the property specified in [§ 522)d)] . . . .”
Do state’s exemptions have extraterritorial application?