Oklahoma § 15-233 Rescission - Cases when party may rescind.

Oklahoma Statutes

§ 15-233 — Rescission - Cases when party may rescind.

Oklahoma § 15-233

Title 15Contracts

This text of Oklahoma § 15-233 (Rescission - Cases when party may rescind.) is published on Counsel Stack Legal Research, covering Oklahoma primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Okla. Stat. tit. 15, § 15-233 (2026).

Text

A party to a contract may rescind the same in the following cases only: 1. If the consent of the party rescinding, or of any party jointly contracting with him, was given by mistake, or obtained through duress, menace, fraud, or undue influence, exercised by or with the connivance of the party as to whom he rescinds, or of any other party to the contract jointly interested with such party.

2.If through the fault of the party as to whom he rescinds, the consideration for his obligation fails in whole or in part.

3.If such consideration becomes entirely void from any cause.

4.If such consideration, before it is rendered to him, fails in a material respect, from any cause; 5. By consent of all of the other parties; or 6. If the party against whom rescission is sought violates the Oklahoma

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A party to a contract may rescind the same in the following cases only: 1. If the consent of the party rescinding, or of any party jointly contracting with him, was given by mistake, or obtained through duress, menace, fraud, or undue influence, exercised by or with the connivance of the party as to whom he rescinds, or of any other party to the contract jointly interested with such party. 2. If through the fault of the party as to whom he rescinds, the consideration for his obligation fails in whole or in part. 3. If such consideration becomes entirely void from any cause. 4. If such consideration, before it is rendered to him, fails in a material respect, from any cause; 5. By consent of all of the other parties; or 6. If the party against whom rescission is sought violates the Oklahoma Consumer Protection Act, Section 751 et seq. of this title.