Oklahoma Statutes
§ 15-341 — Partial satisfaction as reducing guarantor's obligation.
Oklahoma § 15-341
JurisdictionOklahoma
Title 15Contracts
This text of Oklahoma § 15-341 (Partial satisfaction as reducing guarantor's obligation.) 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, § 15-341 (2026).
Text
The acceptance, by a creditor, of anything in partial satisfaction of an obligation, reduces the obligation of a guarantor thereof, in the same measure as that of a principal, but does not otherwise affect it.
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Legislative History
R.L.1910, § 1046.
Nearby Sections
15
§ 15-1
Contract defined.§ 15-1001
Short title.§ 15-1002
Purpose.§ 15-1004
Durability of power of attorney.§ 15-1005
Construction of power generally.§ 15-101
Object of a contract.Cite This Page — Counsel Stack
Bluebook (online)
Oklahoma § 15-341, Counsel Stack Legal Research, https://law.counselstack.com/statute/ok/15/15-341.