Oklahoma § 15-266 - Legal and contract rates of interest
Full text of Oklahoma Oklahoma Statutes § 15-266 — Legal and contract rates of interest, with citation guidance and answers to common questions.
§ 15-266. Legal and contract rates of interest
The legal rate of interest shall be six percent (6%) in the
absence of any contract as to the rate of interest, and by contract
parties may agree to any rate as may be authorized by law, now in
effect or hereinafter enacted.
R.L.1910, § 1004; Laws 1970, c. 224, § 3, emerg. eff. April 15,
1970.
Oklahoma Statutes - Title 15. Contracts
Source: official Oklahoma text · Last verified 2026-08-27
Frequently Asked Questions About Oklahoma § 15-266
What does Oklahoma Statutes § 15-266 cover?
Section 15-266 ("Legal and contract rates of 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 § 15-266?
A common citation format is "Oklahoma Statutes § 15-266" (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 § 15-266 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.