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§ 329. Guaranty of solvency--Failure to take proceedings

Oklahoma Statutes AnnotatedTitle 15. Contracts

Oklahoma Statutes Annotated
Title 15. Contracts
Chapter 8. Guaranty (Refs & Annos)
15 Okl.St.Ann. § 329
§ 329. Guaranty of solvency--Failure to take proceedings
A guaranty, such as is mentioned in the last section,1 is not discharged by an omission to take proceedings upon the principal debt, or upon any collateral security for its payment, if no part of the debt could have been collected thereby.

Credits

R.L.1910, § 1034.

Footnotes

Title 15, § 328.
15 Okl. St. Ann. § 329, OK ST T. 15 § 329
Current with emergency effective legislation through Chapter 329 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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