2016 Oklahoma Statutes
Title 12A. Commercial Code
§12A-2A-204. Formation in general.
FORMATION IN GENERAL
(1) A lease contract may be made in any manner sufficient to show agreement, including conduct by both parties which recognizes the existence of a lease contract.
(2) An agreement sufficient to constitute a lease contract may be found although the moment of its making is undetermined.
(3) Although one or more terms are left open, a lease contract does not fail for indefiniteness if the parties have intended to make a lease contract and there is a reasonably certain basis for giving an appropriate remedy.
Added by Laws 1988, c. 86, § 13, eff. Nov. 1, 1988.
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