There is a newer version of the Oklahoma Statutes
2016 Oklahoma Statutes
Title 58. Probate Procedure
§58-258. Compromise with debtors allowable.
58 OK Stat § 58-258 (2016) What's This?
Whenever a debtor of a decedent is unable to pay all his debts, the executor or administrator, with the approbation of the judge of the district court, may compound with him, and give him a discharge upon receiving a fair and just dividend of his effects. A compromise may also be authorized, when it appears to be just and for the best interest of the estate.
R.L.1910, § 6308.
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