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§ 106. Good consideration defined

Oklahoma Statutes AnnotatedTitle 15. Contracts

Oklahoma Statutes Annotated
Title 15. Contracts
Chapter 1. Nature of Contracts (Refs & Annos)
Object; Legality; Consideration
15 Okl.St.Ann. § 106
§ 106. Good consideration defined
Any benefit conferred, or agreed to be conferred upon the promisor, by any other person, to which the promisor is not lawfully entitled, or any prejudice suffered or agreed to be suffered by such person, other than such as he is at the time of consent lawfully bound to suffer, as an inducement to the promisor, is a good consideration for a promise.

Credits

R.L.1910, § 926.
15 Okl. St. Ann. § 106, OK ST T. 15 § 106
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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