§ 265. Interest prescribed presumed annual
Oklahoma Statutes AnnotatedTitle 15. Contracts
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.
Credits
R.L.1910, § 1003.
15 Okl. St. Ann. § 265, OK ST T. 15 § 265
Current with legislation of the Second Regular Session of the 59th Legislature (2024) effective as of July 1, 2024. Some sections may be more current, see credits for details.
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