There is a newer version
of
this Section
2020 Oklahoma Statutes
Title 18. Corporations
§18-483. Surety contracts, liberal construction of.
Universal Citation: 18 OK Stat § 18-483 (2020)
The rule of the common law requiring a strict construction of the obligations of a surety shall have no application to the obligations of a surety or guarantor or indemnitor for hire, but all such obligations shall be liberally construed in accordance with the rules of the general law applicable to policies of insurance.
R.L.1910, § 1346.
Disclaimer: These codes may not be the most recent version. Oklahoma may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
