Oklahoma § 12-729.10 - Interest
Full text of Oklahoma Oklahoma Statutes § 12-729.10 — Interest, with citation guidance and answers to common questions.
§ 12-729.10. Interest
A. With respect to a foreign-money claim, recovery of
prejudgment or pre-award interest and the rate of interest to be
applied in the action or distribution proceeding, except as provided
in subsection B of this section, are matters of the substantive law
governing the right to recovery under the conflict-of-laws rules of
this state.
B. The court or arbitrator shall increase or decrease the
amount of prejudgment or pre-award interest otherwise payable in a
judgment or award in foreign money to the extent required by the law
of this state governing a failure to make or accept an offer of
settlement or offer of judgment, or conduct by a party or its
attorney causing undue delay or expense.
C. A judgment or award on a foreign-money claim bears interest
at the rate applicable to judgments of this state.
Added by Laws 1994, c. 165, § 10, eff. Jan. 1, 1995.
Oklahoma Statutes - Title 12. Civil Procedure
Frequently Asked Questions About Oklahoma § 12-729.10
What does Oklahoma Statutes § 12-729.10 cover?
Section 12-729.10 ("Interest") 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 § 12-729.10?
A common citation format is "Oklahoma Statutes § 12-729.10" (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 § 12-729.10 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.