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.
Okla. Stat. tit. 15, § 264A
Interest defined
Official source: Oklahoma Legislature. Reproduced from public-domain Oklahoma statutes; confirm against the official source for the current text. Not legal advice.