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§ 483. Surety contracts, liberal construction of

Oklahoma Statutes AnnotatedTitle 18. Corporations

Oklahoma Statutes Annotated
Title 18. Corporations (Refs & Annos)
Chapter 12. Guaranty or Surety Companies (Refs & Annos)
18 Okl.St.Ann. § 483
§ 483. Surety contracts, liberal construction of
The rule of the common law requiring a strict construction of the obligations of a surety shall have no application to the obligations of a surety or guarantor or indemnitor for hire, but all such obligations shall be liberally construed in accordance with the rules of the general law applicable to policies of insurance.

Credits

R.L.1910, § 1346.
18 Okl. St. Ann. § 483, OK ST T. 18 § 483
Current with emergency effective legislation through Chapter 90 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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