Public-domain · open source
OpenJurist

Okla. Stat. tit. 15, § 341

Partial satisfaction as reducing guarantor's obligation

R.L.1910, § 1046.

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.

Official source: Oklahoma Legislature. Reproduced from public-domain Oklahoma statutes; confirm against the official source for the current text. Not legal advice.