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§ 21. Valuable consideration

Oklahoma Statutes AnnotatedTitle 25. Definitions and General Provisions

Oklahoma Statutes Annotated
Title 25. Definitions and General Provisions
Chapter 1. Meaning of Terms and Construction of Statutes
25 Okl.St.Ann. § 21
§ 21. Valuable consideration
A valuable consideration is a thing of value parted with, or a new obligation assumed, at the time of obtaining a thing, which is a substantial compensation for that which is obtained thereby. It is also called simply “value.”

Credits

R.L.1910, § 2940.
25 Okl. St. Ann. § 21, OK ST T. 25 § 21
Current with emergency effective legislation through Chapter 449 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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