Oklahoma § 15-301 - Lender may require return, when

Full text of Oklahoma Oklahoma Statutes § 15-301 — Lender may require return, when, with citation guidance and answers to common questions.

§ 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.

Frequently Asked Questions About Oklahoma § 15-301

What does Oklahoma Statutes § 15-301 cover?

Section 15-301 ("Lender may require return, when") is part of the Oklahoma Statutes, the codified statutory law of Oklahoma. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Oklahoma § 15-301?

A common citation format is "Oklahoma Statutes § 15-301" (Oklahoma). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Oklahoma law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Oklahoma official source linked on this page or consult a licensed Oklahoma attorney.

How does Oklahoma § 15-301 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Oklahoma can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Oklahoma.