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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 legislation of the First Regular Session of the 59th Legislature (2023) and the First Extraordinary Session of the 59th Legislature (2023). Some sections may be more current, see credits for details.
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