reglab/housing_qa huggingface dataset:
15 OK Stat § 15-249 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-249. Waiver - Choice of law - Attorney's fees - Validity.

|An attempted waiver of a provision of this act or application of this act shall be void. Any provision in a dealer agreement that purports to elect the application of the law of a state other than this state shall be void. Any provision in a dealer agreement that requires a dealer to pay attorney fees incurred by a supplier shall be void. |Added by Laws 1982, c. 274, § 5, operative Oct. 1, 1982. Amended by Laws 2011, c. 156, § 13, eff. Nov. 1, 2011.
15 OK Stat § 15-250 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-250. Application of act.

|The provisions of the Fair Practices of Equipment Manufacturers, Distributors, Wholesalers and Dealers Act shall apply to: |1. All dealer agreements now in effect which have no expiration date and are continuing contracts; and2. All other dealer agreements entered into or renewed after November 1, 2011.All other dealer agreements shall be governed by the law as it existed prior to this act.Added by Laws 1982, c. 274, § 6, operative Oct. 1, 1982. Amended by Laws 1997, c. 112, § 3, eff. Nov. 1, 1997; Laws 2011, c. 156, § 14, eff. Nov. 1, 2011.
15 OK Stat § 15-250A (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-250A. Supplemental provisions.

|The provisions of the Fair Practices of Equipment Manufacturers, Distributors, Wholesalers and Dealers Act shall be supplemental to any dealer agreement between the dealer and the supplier which provides the dealer with greater protection. The dealer can elect to pursue its contract remedy or the remedy provided by state law, or both, and an election by the dealer to pursue such remedies shall not bar its right to exercise any other remedies that may be granted at law or in equity. |Added by Laws 1998, c. 82, § 3, eff. Nov. 1, 1998. Amended by Laws 2011, c. 156, § 15, eff. Nov. 1, 2011.
15 OK Stat § 15-251 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-251. Civil actions - Attorney fees.

|Any person who is injured in his business or property by a violation of this act or because he refuses to accede to a proposal for an arrangement which, if consummated, would be in violation of this act, may bring a civil action in a court of competent jurisdiction in this state to enjoin further violations and to recover the damages sustained by him together with the costs of the suit, including a reasonable attorney's fee. |Added by Laws 1982, c. 274, § 7, operative Oct. 1, 1982.
15 OK Stat § 15-262 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-262. Repayment must be made in current funds.

|Except when the parties otherwise expressly agree in writing, a borrower of money must pay the amount due in such money as is current at the time when the loan becomes due, whether such money is worth more or less than the actual money lent. |R.L. 1910, § 1000. Amended by Laws 1996, c. 56, § 29, emerg. eff. April 8, 1996.
15 OK Stat § 15-263 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-263. Loan presumes interest.

|Whenever a loan of money is made, it is presumed to be made upon interest, unless it is otherwise expressly stipulated at the time in writing. |R.L.1910, § 1001.
15 OK Stat § 15-264A (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-264A. Interest defined.

|Interest is the compensation allowed for the use or forbearance or detention of money, or its equivalent. |Laws 1970, c. 224, § 1, emerg. eff. April 15, 1970.
15 OK Stat § 15-265 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-265. Interest prescribed presumed annual.

|When a rate of interest is prescribed by a law or contract, without specifying the period of time by which such rate is to be calculated, it is to be deemed an annual rate. |R.L.1910, § 1003.
15 OK Stat § 15-266 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-266. Legal and contract rates of interest.

|The legal rate of interest shall be six percent (6%) in the absence of any contract as to the rate of interest, and by contract parties may agree to any rate as may be authorized by law, now in effect or hereinafter enacted. |R.L.1910, § 1004; Laws 1970, c. 224, § 3, emerg. eff. April 15, 1970.
15 OK Stat § 15-272 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-272. Banks to report interest rates - Cancellation of charter for violating usury laws - Procedure.

|It shall be the duty of the officers of all state banks, organized and doing business under and by virtue of the laws of the state, to make a sworn quarterly report to the Bank Commissioner, setting forth the rate of interest charged, retained, reserved or collected upon the loans made in excess of the legal or contract rate of interest during the quarter for which said report is made, and such other detailed information as the Bank Commissioner may require concerning rates of interest charged, and all such reports as show the rates of interest exceeding ten percent (10%) per annum have been charged, shall be published in the annual report of the Bank Commissioner. Provided, that when the report of any bank shall disclose that such bank is willfully loaning money in violation of the interest laws of the state, it shall be his duty to immediately report such violation to the Governor, who may direct the Bank Commissioner to bring suit, through the Attorney General, in a court of competent jurisdiction in the county where the bank is located, to cancel the charter of such bank and the judgment of the court on the trial of said issue shall find the defendant bank guilty or not guilty, and if the judgment is guilty it shall further provide for the cancellation of the charter of said bank and the liquidation of the assets of said bank as the law now provides in cases of insolvent banks, from which judgment either party shall have the right of appeal to the Supreme Court, as in civil cases. Upon such appeal being filed, the Supreme Court shall hear and determine same as an advanced case. |Laws 1916, c. 20, p. 27, § 5.
15 OK Stat § 15-275 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-275. Interest on contracts after breach.

|Any legal rate of interest, stipulated by a contract, remains chargeable after a breach thereof, as before, until the contract is superseded by a verdict or other new obligation. |R.L.1910, § 1009.
15 OK Stat § 15-276 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-276. Action to collect upon obligation to repay money after default - Attorney fees.

|In any civil action to collect upon an obligation to repay money after default, the party prevailing on such cause of action shall be awarded a reasonable attorney's fee. This attorney's fee shall be assessed by the court as costs against the losing party. |Added by Laws 1982, c. 256, § 2, operative Oct. 1, 1982.
15 OK Stat § 15-291 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-291. Loan for use defined.

|A loan for use is a contract by which one gives to another the temporary possession and use of personal property, and the latter agrees to return the same thing to him at a future time without reward for its use. |R.L.1910, § 1010.
15 OK Stat § 15-292 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-292. Title and increase belong to lender.

|A loan for use does not transfer the title to the thing; and all its increase during the period of the loan belongs to the lender. |R.L.1910, § 1011.
15 OK Stat § 15-293 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-293. Care by borrower.

|A borrower for use must use great care for the preservation in safety in good condition of the thing borrowed. |R.L.1910, § 1012.
15 OK Stat § 15-294 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-294. Living animals - Care required of borrower.

|One who borrows a living animal for use must treat it with great kindness, and provide everything necessary and suitable for it. |R.L. 1910, § 1013.
15 OK Stat § 15-295 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-295. Degree of skill.

|A borrower for use is bound to have and to exercise such skill in the care of the thing borrowed, as he causes the lender to believe him to possess. |R.L.1910, § 1014.
15 OK Stat § 15-296 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-296. Repair of injuries.

|A borrower for use must repair all deteriorations or injuries to the thing lent, which are occasioned by his negligence, however slight. |R.L.1910, § 1015.
15 OK Stat § 15-297 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-297. Uses limited.

|The borrower of a thing for use may use it for such purposes only as the lender might reasonably anticipate at the time of lending. |R.L.1910, § 1016.
15 OK Stat § 15-298 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-298. Relending by borrower forbidden.

|The borrower of a thing for use must not part with it to a third person without the consent of the lender. |R.L.1910, § 1017.
15 OK Stat § 15-299 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-299. Expenses during loan.

|The borrower of a thing for use must bear all its expenses during the loan, except such as are necessarily incurred by him to preserve it from unexpected and unusual injury. For such expense he is entitled to compensation from the lender, who may, however, exonerate himself by surrendering the thing to the borrower. |R.L.1910, § 1018.
15 OK Stat § 15-300 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-300. Lender liable for defects.

|The lender of a thing for use must indemnify the borrower for damages caused by defects or vices in it, which he knew at the time of lending, and concealed from the borrower. |R.L.1910, § 1019.
15 OK Stat § 15-301 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-301. Lender may require return, when.

|The lender of a thing for use may at any time require its return, even though he lent it for a specified time or purpose. But if, on the faith of such an agreement, the borrower has made such arrangements that a return of the thing before the period agreed upon would cause him loss, exceeding the benefit derived by him from the loan, the lender must indemnify him for such loss, if he compels such return, the borrower not having in any manner violated his duty. |R.L.1910, § 1020.
15 OK Stat § 15-302 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-302. Demand for return, necessity of - Place of return.

|If a thing is lent for use for a specified time or purpose, it must be returned to the lender without demand, as soon as the time has expired, or the purpose has been accomplished. In other cases it need not be returned until demanded. The borrower of a thing for use must return it to the lender, at the place contemplated by the parties at the time of lending; or if no particular place was so contemplated by them, then at the place where it was at that time. |R.L.1910, § 1021.
15 OK Stat § 15-303 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-303. Loan for exchange.

|A loan for exchange is a contract by which one delivers personal property to another, and the latter agrees to return to the lender a similar thing at a future time, without reward for its use. |R.L.1910, § 1022.
15 OK Stat § 15-304 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-304. Loan for use or exchange.

|A loan which the borrower is allowed by the lender to treat as a loan for use, or for exchange, at his option, is subject to all the provisions of this chapter. |R.L.1910, § 1023.
15 OK Stat § 15-305 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-305. Title in loan for exchange - Expenses - Increase.

|By a loan for exchange the title to the thing lent is transferred to the borrower, and he must bear all its expenses, and is entitled to all its increase. |R.L.1910, § 1024.
15 OK Stat § 15-306 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-306. Lender cannot modify contract.

|A lender for exchange cannot require the borrower to fulfill his obligations at a time, or in a manner, different from that which was originally agreed upon. |R.L.1910, § 1025.
15 OK Stat § 15-321 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-321. Guaranty defined.

|A guaranty is a promise to answer for the debt, default or miscarriage of another person. |R.L.1910, § 1026.
15 OK Stat § 15-322 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-322. Consent of principal unnecessary.

|A person may become guarantor even without the knowledge or consent of the principal. |R.L.1910, § 1027.
15 OK Stat § 15-323 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-323. Consideration.

|Where a guaranty is entered into at the same time with the original obligation, or with the acceptance of the latter by the guarantee, and forms, with that obligation, a part of the consideration to him, no other consideration need exist. In all other cases there must be a consideration distinct from that of the original obligation. |R.L.1910, § 1028.
15 OK Stat § 15-324 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-324. Guaranty must be in writing - Consideration need not be expressed.

|Except as prescribed by the next section, a guaranty must be in writing, and signed by the guarantor; but the writing need not express a consideration. |R.L.1910, § 1029.
15 OK Stat § 15-325 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-325. When promise deemed original.

|A promise to answer for the obligation of another, in any of the following cases, is deemed an original obligation of the promisor, and need not be in writing: |1. Where the promise is made by one who has received property of another upon an undertaking to apply it pursuant to such promise; or by one who has received a discharge from an obligation in whole or in part, in consideration of such promise.2. Where the creditor parts with value, or enters into an obligation, in consideration of the obligation in respect to which the promise is made, in terms or under circumstances such as to render the party making the promise the principal debtor, and the person in whose behalf it is made his surety.3. Where the promise, being for an antecedent obligation of another, is made upon the consideration that the party receiving it cancels the antecedent obligation, accepting the new promise as a substitute therefor; or upon the consideration that the party receiving it releases the property of another from a levy or his person from imprisonment under an execution on a judgment obtained upon the antecedent obligation; or upon a consideration beneficial to the promisor, whether moving from either party to the antecedent obligation, or from another person.4. Where a factor undertakes, for a commission, to sell merchandise and guaranty the sale.5. Where the holder of an instrument for the payment of money, upon which a third person is or may become liable to him, transfers it in payment of a precedent debt of his, or for a new consideration, and in connection with such transfer enters into a promise respecting such instrument.R.L.1910, § 1030.
15 OK Stat § 15-326 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-326. Notice of acceptance of guaranty, necessity of.

|A mere offer to guaranty is not binding, until notice of its acceptance is communicated by the guarantee to the guarantor; but an absolute guaranty is binding upon the guarantor without notice of acceptance. |R.L.1910, § 1031.
15 OK Stat § 15-327 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-327. Terms implied where principal contract is not completed.

|In a guaranty of a contract, the terms of which are not then settled, it is implied that its terms shall be such as will not expose the guarantor to greater risks than he would incur under those terms which are most common, in similar contracts, at the place where the principal contract is to be performed. |R.L.1910, § 1032.
15 OK Stat § 15-328 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-328. Guaranty of solvency.

|A guaranty to the effect that an obligation is good or collectable imports that the debtor is solvent, and that the demand is collectable by the usual legal proceedings, if taken with reasonable diligence. |R.L.1910, § 1033.
15 OK Stat § 15-329 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-329. Guaranty of solvency - Failure to take proceedings.

|A guaranty, such as is mentioned in the last section, is not discharged by an omission to take proceedings upon the principal debt, or upon any collateral security for its payment, if no part of the debt could have been collected thereby. |R.L.1910, § 1034.
15 OK Stat § 15-330 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-330. Removal from state deemed equivalent to insolvency.

|In the cases mentioned in the second preceding section the removal of the principal from the State leaving no property therein from which the obligation might be satisfied, is equivalent to the insolvency of the principal, in its effect upon the rights and obligations of the guarantor. |R.L.1910, § 1035.
15 OK Stat § 15-331 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-331. Guaranty deemed unconditional.

|A guaranty is to be deemed unconditional unless its terms import some condition precedent to the liability of the guarantor. |R.L.1910, § 1036.
15 OK Stat § 15-332 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-332. Guarantor liable on default of principal without notice.

|A guarantor of payment or performance is liable to the guarantee immediately upon the default of the principal, and without demand or notice. |R.L.1910, § 1037.
15 OK Stat § 15-333 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-333. Guaranty of conditional obligation.

|Where one guarantees a conditional obligation, his liability is commensurate with that of the principal, and he is not entitled to notice of the default of the principal, unless he is unable, by the exercise of reasonable diligence, to acquire information of such default, and the creditor has actual notice thereof. |R.L.1910, § 1038.
15 OK Stat § 15-334 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-334. Limitation of guarantor's obligation.

|The obligation of a guarantor must be neither larger in amount, nor in other respects more burdensome than that of the principal; and if, in its terms, it exceeds it, it is reducible in proportion to the principal obligation. |R.L.1910, § 1039.
15 OK Stat § 15-335 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-335. Guarantor not liable on unlawful contract - Disability of principal.

|A guarantor is not liable if the contract of the principal is unlawful; but he is liable notwithstanding any mere personal disability of the principal, though the disability be such as to make the contract void against the principal. |R.L.1910, § 1040.
15 OK Stat § 15-336 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-336. Continuing guaranty.

|A guaranty relating to a future liability of the principal, under successive transactions, which either continues his liability or from time to time renews it after it has been satisfied, is called a continuing guaranty. |R.L.1910, § 1041.
15 OK Stat § 15-337 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-337. Revocation of continuing guaranty.

|A continuing guaranty may be revoked at any time by the guarantor, in respect to future transactions, unless there is a continuing consideration as to such transaction which he does not renounce. |R.L.1910, § 1042.
15 OK Stat § 15-338 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-338. Exoneration of guarantor.

|A guarantor is exonerated, except so far as he may be indemnified by the principal, if by any act of the creditor, without the consent of the guarantor, the original obligation of the principal is altered in any respect, or the remedies or rights of the creditor against the principal, in respect thereto, in any way impaired or suspended. |R.L.1910, § 1043.
15 OK Stat § 15-339 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-339. Void promise of creditor as altering obligation, etc.

|A promise by a creditor, which for any cause is void, or voidable by him at his option, does not alter the obligation or suspend or impair the remedy, within the meaning of the last section. |R.L.1910, § 1044.
15 OK Stat § 15-340 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-340. Rescission of new agreement as restoring guarantor's liability.

|The rescission of an agreement altering the original obligation of a debtor, or impairing the remedy of a creditor, does not restore the liability of a guarantor who has been exonerated by such agreement. |R.L.1910, § 1045.
15 OK Stat § 15-341 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-341. Partial satisfaction as reducing guarantor's obligation.

|The acceptance, by a creditor, of anything in partial satisfaction of an obligation, reduces the obligation of a guarantor thereof, in the same measure as that of a principal, but does not otherwise affect it. |R.L.1910, § 1046.
15 OK Stat § 15-342 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-342. Delay of creditor does not exonerate.

|Mere delay on the part of a creditor to proceed against the principal, or to enforce any other remedy, does not exonerate a guarantor. |R.L.1910, § 1047.
15 OK Stat § 15-343 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-343. Liability of indemnified guarantor.

|A guarantor, who has been indemnified by the principal, is liable to the creditor to the extent of the indemnity, notwithstanding that the creditor, without the assent of the guarantor, may have modified the contract or released the principal. |R.L.1910, § 1048.
15 OK Stat § 15-344 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-344. Discharge of principal by operation of law as affecting guarantor.

|A guarantor is not exonerated by the discharge of his principal by operation of law, without the intervention or omission of the creditor. |R.L.1910, § 1049.
15 OK Stat § 15-371 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-371. Surety defined.

|A surety is one who, at the request of another, and for the purpose of securing to him a benefit, becomes responsible for the performance by the latter of some act in favor of a third person, or hypothecates property as security therefor. |R.L.1910, § 1050.
15 OK Stat § 15-372 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-372. Apparent principal may show himself surety.

|One who appears to be a principal, whether by the terms of a written instrument, or otherwise, may show that he is in fact a surety, except as against persons who have acted on the faith of his apparent character of principal. |R.L.1910, § 1051.
15 OK Stat § 15-373 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-373. Liability of surety.

|A surety cannot be held beyond the express terms of his contract, and if such contract prescribes a penalty for its breach, he cannot in any case be liable for more than the penalty. |R.L.1910, § 1052.
15 OK Stat § 15-374 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-374. Rules of interpretation.

|In interpreting the terms of a contract of suretyship, the same rules are to be observed as in the case of other contracts. |R.L.1910, § 1053.
15 OK Stat § 15-375 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-375. Judgment does not change relation.

|Notwithstanding the recovery of judgment by a creditor against a surety, the latter still occupies the relation of surety. |R.L.1910, § 1054.
15 OK Stat § 15-376 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-376. Exoneration of surety by performance or offer thereof.

|Performance of the principal obligation, or an offer of such performance duly made as provided in this chapter exonerates a surety. |R.L.1910, § 1055.
15 OK Stat § 15-377 (2021)
2021 Oklahoma Statutes|Title 15. Contracts|§15-377. Exoneration of surety generally.

|A surety is exonerated: |1. In like manner with a guarantor.2. To the extent to which he is prejudiced by any act of the creditor which would naturally prove injurious to the remedies of the surety or inconsistent with his rights, or which lessens his security; or,3. To the extent to which he is prejudiced by an omission of the creditor to do anything, when required by the surety, which it is his duty to do.R.L.1910, § 1056.