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§ 112. Amount of consideration where not specified

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. § 112
§ 112. Amount of consideration where not specified
When a contract does not determine the amount of the consideration, nor the method by which it is to be ascertained, or when it leaves the amount thereof to the discretion of an interested party, the consideration must be as much money as the object of the contract is reasonably worth.

Credits

R.L.1910, § 932.
15 Okl. St. Ann. § 112, OK ST T. 15 § 112
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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