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§ 330. Removal from state deemed equivalent to insolvency

Oklahoma Statutes AnnotatedTitle 15. Contracts

Oklahoma Statutes Annotated
Title 15. Contracts
Chapter 8. Guaranty (Refs & Annos)
15 Okl.St.Ann. § 330
§ 330. Removal from state deemed equivalent to insolvency
Currentness
In the cases mentioned in the second preceding section1 the removal of the principal from the state leaving no property therein from which the obligation might be satisfied, is equivalent to the insolvency of the principal, in its effect upon the rights and obligations of the guarantor.

Credits

R.L.1910, § 1035.

Footnotes

1
Title 15, § 328.
15 Okl. St. Ann. § 330, OK ST T. 15 § 330
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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