Oklahoma § 15-262 - Repayment must be made in current funds
Full text of Oklahoma Oklahoma Statutes § 15-262 — Repayment must be made in current funds, with citation guidance and answers to common questions.
§ 15-262. Repayment must be made in current funds
Except when the parties otherwise expressly agree in writing, a
borrower of money must pay the amount due in such money as is
current at the time when the loan becomes due, whether such money is
worth more or less than the actual money lent.
R.L. 1910, § 1000. Amended by Laws 1996, c. 56, § 29, emerg. eff.
April 8, 1996.
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 15-262
What does Oklahoma Statutes § 15-262 cover?
Section 15-262 ("Repayment must be made in current funds") 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 § 15-262?
A common citation format is "Oklahoma Statutes § 15-262" (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 § 15-262 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.