Oklahoma Statutes (Last Updated: September 18, 2014)

§ 15-341. Partial satisfaction as reducing guarantor's obligation.

Latest version.

The acceptance, by a creditor, of anything in partial satisfaction of an obligation, reduces the obligation of a guarantor thereof, in the same measure as that of a principal, but does not otherwise affect it.

R.L.1910, § 1046.

                    
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