Home Table of Contents

§ 111. Executory--How determined

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. § 111
§ 111. Executory--How determined
When a consideration is executory, it is not indispensable that the contract should specify its amount or the means of ascertaining it. It may be left to the decision of a third person, or regulated by any specific standard.

Credits

R.L.1910, § 931.
15 Okl. St. Ann. § 111, OK ST T. 15 § 111
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.
End of Document