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§ 340. Rescission of new agreement as restoring guarantor's liability

Oklahoma Statutes AnnotatedTitle 15. Contracts

Oklahoma Statutes Annotated
Title 15. Contracts
Chapter 8. Guaranty (Refs & Annos)
15 Okl.St.Ann. § 340
§ 340. Rescission of new agreement as restoring guarantor's liability
The rescission of an agreement altering the original obligation of a debtor, or impairing the remedy of a creditor, does not restore the liability of a guarantor who has been exonerated by such agreement.

Credits

R.L.1910, § 1045.
15 Okl. St. Ann. § 340, OK ST T. 15 § 340
Current with emergency effective legislation through Chapter 29 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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