Oklahoma § 15-235 - Duty of party attempting rescission

Full text of Oklahoma Oklahoma Statutes § 15-235 — Duty of party attempting rescission, with citation guidance and answers to common questions.

§ 15-235. Duty of party attempting rescission

Rescission, when not effected by consent, can be accomplished

only by the use, on the part of the party rescinding, of reasonable

diligence to comply with the following rules:

1. He must rescind promptly, upon discovering the facts which

entitle him to rescind, if he is free from duress, menace, undue

influence, or disability, and is aware of his right to rescind; and,

2. He must restore to the other party everything of value which he

has received from him under the contract; or must offer to restore

the same, upon condition that such party shall do likewise, unless

the latter is unable, or positively refuses to do so.

R.L.1910, § 986.

Source: official Oklahoma text · Last verified 2026-08-27

Frequently Asked Questions About Oklahoma § 15-235

What does Oklahoma Statutes § 15-235 cover?

Section 15-235 ("Duty of party attempting rescission") 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 § 15-235?

A common citation format is "Oklahoma Statutes § 15-235" (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 § 15-235 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.