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§ 107. Moral or legal obligation on promisor good as consideration

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. § 107
§ 107. Moral or legal obligation on promisor good as consideration
An existing legal obligation resting upon the promisor, or a moral obligation originating in some benefit conferred upon the promisor, or prejudice suffered by the promisee, is also a good consideration for a promise, to an extent corresponding with the extent of the obligation, but no further or otherwise.

Credits

R.L.1910, § 927.
15 Okl. St. Ann. § 107, OK ST T. 15 § 107
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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