Oklahoma Statutes (Last Updated: September 18, 2014)

§ 42-11. Contracts for forfeiture of property and restraining redemption.

Latest version.

All contracts for the forfeiture of property subject to a lien, in satisfaction of the obligation secured thereby, and all contracts in restraint of the right of redemption from a lien, are void, except in the case specified in Section 1122.

R.L. 1910, § 3832.

                    
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