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§ 265. Interest prescribed presumed annual

Oklahoma Statutes AnnotatedTitle 15. Contracts

Oklahoma Statutes Annotated
Title 15. Contracts
Chapter 6. Loan of Money (Refs & Annos)
15 Okl.St.Ann. § 265
§ 265. Interest prescribed presumed annual
When a rate of interest is prescribed by a law or contract, without specifying the period of time by which such rate is to be calculated, it is to be deemed an annual rate.


R.L.1910, § 1003.
15 Okl. St. Ann. § 265, OK ST T. 15 § 265
Current with emergency effective legislation through Chapter 378 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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