Oklahoma § 15-323 - Consideration
Full text of Oklahoma Oklahoma Statutes § 15-323 — Consideration, with citation guidance and answers to common questions.
§ 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.
Frequently Asked Questions About Oklahoma § 15-323
What does Oklahoma Statutes § 15-323 cover?
Section 15-323 ("Consideration") 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 § 15-323?
A common citation format is "Oklahoma Statutes § 15-323" (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 § 15-323 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.