Oklahoma Statutes
Title 15. Contracts
§15-511. Finder a bailee, when.

One who finds a thing lost is not bound to take charge of it; but if he does so, he is thenceforward a bailee for the owner, with the rights and obligations of a bailee for hire.

R.L.1910, § 1115.

Structure Oklahoma Statutes

Oklahoma Statutes

Title 15. Contracts

§15-1. Contract defined.

§15-2. Requisites of a contract.

§15-11. Persons authorized to contract.

§15-12. Capacity of certain classes.

§15-13. Minors defined - Computing period of minority.

§15-14. Adults.

§15-15. Status of unborn child.

§15-16. Persons of unsound mind, who are.

§15-17. Disabilities of minor - What contracts prohibited.

§15-18. Contracts which minor may make.

§15-19. Disaffirmance of minor's contract.

§15-20. Necessaries - What contracts may not be disaffirmed.

§15-21. Disaffirmance of contracts authorized by statute.

§15-22. Persons without understanding - Contracts - Necessaries.

§15-23. Rescission by person of unsound mind.

§15-24. Judicial determination of incapacity, contracts after - Wills after restoration.

§15-25. Civil liability of minors and incompetents.

§15-26. Exemplary damages, minors' and incompetents' liability for.

§15-27. Minor may enforce rights by civil action - Guardian.

§15-28. Identity of parties to contract.

§15-29. Beneficiary may enforce.

§15-31. Uniform Minor Student Capacity to Borrow Act.

§15-32. Definitions.

§15-33. Enforceable obligations.

§15-34. Construction.

§15-51. Essentials of consent.

§15-52. Rescission where consent not free.

§15-53. When consent not real.

§15-54. Consent deemed obtained through invalidating causes, when.

§15-55. Duress defined.

§15-56. Menace defined - Threats.

§15-57. Kinds of fraud.

§15-58. Actual fraud defined.

§15-59. Constructive fraud defined.

§15-60. Actual fraud a question of fact.

§15-61. Undue influence defined.

§15-62. Kinds of mistake.

§15-63. Mistake of fact defined.

§15-64. Mistake of law defined.

§15-65. Mistake of foreign law.

§15-66. Mutual consent defined.

§15-67. Consent - How communicated.

§15-68. Mode of acceptance.

§15-69. When consent deemed communicated - Acceptance.

§15-70. Certain acts as acceptance.

§15-71. Acceptance must be absolute.

§15-72. Revocation of proposal.

§15-73. How proposal revoked.

§15-74. Subsequent consent ratifies.

§15-75. Acceptance of benefit includes obligations.

§15-101. Object of a contract.

§15-102. Requisites of the object.

§15-103. Possibility defined.

§15-104. Unlawful object - Performance impossible - Object vaguely expressed.

§15-105. Lawful part valid.

§15-106. Good consideration defined.

§15-107. Moral or legal obligation on promisor good as consideration.

§15-108. Consideration must be lawful.

§15-109. Effect of illegality of consideration.

§15-110. Executed or executory consideration.

§15-111. Executory - How determined.

§15-112. Amount of consideration where not specified.

§15-113. Contract void when consideration cannot be ascertained as agreed.

§15-115. Burden of proof as to consideration.

§15-131. Contract express or implied.

§15-132. Express contract defined.

§15-133. Implied contract defined.

§15-134. What contracts may be oral.

§15-135. Writing prevented by fraud - Enforcement against fraudulent party.

§15-136. Statute of frauds.

§15-137. Writing excludes oral negotiations or stipulations.

§15-138. Delivery, contract takes effect on.

§15-139. Seal - Necessity for seal abolished.

§15-140. Credit agreements - Actions to enforce or seek damages - limits to actions on oral agreements.

§15-140.1. Debt cancellation agreement.

§15-140.2. Definitions.

§15-140.3. Motor vehicle financial protection products.

§15-140.4. Debt waiver obligations – Contractual liability policies.

§15-140.5. Vehicle value protection agreements.

§15-140.6. Promulgation of rules.

§15-140.7. Motor vehicle financial protection products not insurance.

§15-141.1. Short title.

§15-141.2. Definitions.

§15-141.3. Enforcement of act.

§15-141.4. Licensure – Exemptions.

§15-141.5. Requirements for licensure.

§15-141.6. Unearned reserve account - Exceptions - Net asset ratios.

§15-141.7. Application for license - Investigation of applicant - Audited financial statements.

§15-141.8. Expiration and renewal of license.

§15-141.9. Revocation or suspension of license.

§15-141.10. Revocation or suspension of license by order of Insurance Commissioner - Publication of revocation or suspension.

§15-141.11. Duration of suspension.

§15-141.12. Fine in lieu of suspension or revocation.

§15-141.13. See the following versions:

§15-141.13v1. Service warranty forms.

§15-141.13v2. Service warranty forms.

§15-141.14. Annual financial statement filing - Fines.

§15-141.15. Examinations of service warranty associations.

§15-141.16. Permanent office records.

§15-141.17. Service of process.

§15-141.18. Registry of name and business address of sales representatives.

§15-141.19. Administrative penalties.

§15-141.20. Prohibited conduct.

§15-141.21. Service warranty disclosure statement.

§15-141.22. Dissolution or liquidation of association.

§15-141.23. Fraudulent applications - Violations of act - Criminal penalties.

§15-141.24. Civil actions.

§15-141.25. Prohibited conduct.

§15-141.26. Unfair methods of competition and unfair or deceptive acts.

§15-141.27. Scope of investigation.

§15-141.28. Hearings.

§15-141.29. Final order - Cease and desist order.

§15-141.30. Violations of act - Injunctive relief.

§15-141.31. Act relation to civil and common law.

§15-141.32. Privileged and confidential records.

§15-141.33. Examination of claim files.

§15-141.34. Ex parte cease and desist order.

§15-141.35. Cease and desist order – Procedure - Hearing.

§15-151. All contracts, public and private, interpreted by same rules.

§15-152. Intent controls.

§15-153. Intention ascertained, how.

§15-154. Language governs.

§15-155. Intention ascertained from writing.

§15-156. Real intention not expressed - Error to be disregarded.

§15-157. Effect given to every part.

§15-158. Several contracts taken as one.

§15-159. Interpretation favors validity.

§15-160. Words to be taken in ordinary sense - Exceptions.

§15-161. Technical words.

§15-162. What law governs.

§15-163. Circumstances explain.

§15-164. Terms restricted to intention of parties.

§15-165. Promisor's belief as to promisee's understanding governs in case of ambiguity.

§15-166. Part subordinate to whole.

§15-167. Written and original parts control.

§15-168. Repugnancy - How reconciled.

§15-169. Inconsistent words rejected.

§15-171. Reasonable stipulations implied.

§15-172. Necessary incidents implied, when.

§15-173. Reasonable time allowed where not specified - Immediate performance.

§15-174. Time not of essence unless so provided.

§15-175. Promise presumed joint and several, when.

§15-176. Promise of several in singular form.

§15-177. Executed and executory contracts defined.

§15-178. Contracts of designating former spouse as beneficiary or providing death benefits - Effect of divorce or annulment.

§15-211. What contracts are unlawful.

§15-212. Certain contracts against policy of law.

§15-212.1. Notice exempting business entity from liability for personal injury void.

§15-213. Penalties void.

§15-214. Attempt to fix damages void except as provided.

§15-215. Amount presumed to be damages, provision for.

§15-216. Resort to courts, provisions restricting - Limiting time therefor.

§15-217. Restraint of trade.

§15-218. Restraint of trade - Exception as to sale of goodwill.

§15-219. Restraint of trade - Exception as to partners.

§15-219A. Noncompetition agreements.

§15-219B. Solicitation of employees.

§15-220. Restraint of marriage.

§15-221. "Construction agreement" defined - Limitations on liability arising out of death or bodily injury void - Exceptions.

§15-221A. Design professional services agreement defined – Limitations on liability arising out of death or bodily injury void - Exceptions.

§15-222. Rental of goods or rental-related services - Automatic renewal provisions.

§15-231. Contract may be extinguished.

§15-232. Rescission extinguishes.

§15-233. Rescission - Cases when party may rescind.

§15-233A. Procedures in actions for rescission.

§15-233B. Form of relief in actions for rescission.

§15-234. Stipulation as to errors of description as affecting rescission.

§15-235. Duty of party attempting rescission.

§15-236. Oral contract may be altered by writing - Extinguishment in part.

§15-237. Written contract altered, how.

§15-238. Extinguishment by destruction or cancellation.

§15-239. Destruction, cancellation or alteration by party entitled to benefit.

§15-240. Duplicate, effect of altering or destroying.

§15-241. Restoration of thing unlawfully taken.

§15-242. Demand for thing unlawfully obtained unnecessary - Exceptions.

§15-244. Short title.

§15-244A. Legislative findings.

§15-245. Definitions.

§15-245A. Prohibited acts.

§15-245A.1. Good cause.

§15-245A.2. Contents of supplier notice of termination - Supplier failure to approve or deny request - Death of dealer.

§15-245A.3. Good cause.

§15-245A.4. Death of dealer.

§15-245A.5. Dealer warranty claims.

§15-246. Payment of equipment after agreement termination.

§15-247. Exemptions.

§15-248. Remedies.

§15-249. Waiver - Choice of law - Attorney's fees - Validity.

§15-250. Application of act.

§15-250A. Supplemental provisions.

§15-251. Civil actions - Attorney fees.

§15-262. Repayment must be made in current funds.

§15-263. Loan presumes interest.

§15-264A. Interest defined.

§15-265. Interest prescribed presumed annual.

§15-266. Legal and contract rates of interest.

§15-272. Banks to report interest rates - Cancellation of charter for violating usury laws - Procedure.

§15-275. Interest on contracts after breach.

§15-276. Action to collect upon obligation to repay money after default - Attorney fees.

§15-291. Loan for use defined.

§15-292. Title and increase belong to lender.

§15-293. Care by borrower.

§15-294. Living animals - Care required of borrower.

§15-295. Degree of skill.

§15-296. Repair of injuries.

§15-297. Uses limited.

§15-298. Relending by borrower forbidden.

§15-299. Expenses during loan.

§15-300. Lender liable for defects.

§15-301. Lender may require return, when.

§15-302. Demand for return, necessity of - Place of return.

§15-303. Loan for exchange.

§15-304. Loan for use or exchange.

§15-305. Title in loan for exchange - Expenses - Increase.

§15-306. Lender cannot modify contract.

§15-321. Guaranty defined.

§15-322. Consent of principal unnecessary.

§15-323. Consideration.

§15-324. Guaranty must be in writing - Consideration need not be expressed.

§15-325. When promise deemed original.

§15-326. Notice of acceptance of guaranty, necessity of.

§15-327. Terms implied where principal contract is not completed.

§15-328. Guaranty of solvency.

§15-329. Guaranty of solvency - Failure to take proceedings.

§15-330. Removal from state deemed equivalent to insolvency.

§15-331. Guaranty deemed unconditional.

§15-332. Guarantor liable on default of principal without notice.

§15-333. Guaranty of conditional obligation.

§15-334. Limitation of guarantor's obligation.

§15-335. Guarantor not liable on unlawful contract - Disability of principal.

§15-336. Continuing guaranty.

§15-337. Revocation of continuing guaranty.

§15-338. Exoneration of guarantor.

§15-339. Void promise of creditor as altering obligation, etc.

§15-340. Rescission of new agreement as restoring guarantor's liability.

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

§15-342. Delay of creditor does not exonerate.

§15-343. Liability of indemnified guarantor.

§15-344. Discharge of principal by operation of law as affecting guarantor.

§15-371. Surety defined.

§15-372. Apparent principal may show himself surety.

§15-373. Liability of surety.

§15-374. Rules of interpretation.

§15-375. Judgment does not change relation.

§15-376. Exoneration of surety by performance or offer thereof.

§15-377. Exoneration of surety generally.

§15-378. Surety has right of guarantor.

§15-379. Proceedings against principal, surety may require.

§15-380. Compelling principal to perform obligation.

§15-381. Reimbursement of surety.

§15-382. Surety's rights against principal and cosureties.

§15-383. Security, rights of surety as to.

§15-384. Application of hypothecated property.

§15-385. Creditor entitled to all securities.

§15-421. Indemnity defined.

§15-422. Indemnity against unlawful act void.

§15-423. Indemnity against unlawful act valid if act already done.

§15-424. Agents' acts covered by indemnity agreements.

§15-425. Several persons means each.

§15-426. Joint and separate liability.

§15-427. Rules for interpretation.

§15-428. Reimbursement of indemnitor.

§15-429. Bail sureties.

§15-430. Governed by law of bail.

§15-441. Classes of bailments.

§15-442. Voluntary bailments.

§15-443. Involuntary bailments.

§15-444. Involuntary bailee must take charge if able.

§15-445. Bailment for safekeeping.

§15-446. Bailment for exchange.

§15-447. Redelivery on demand.

§15-448. Demand necessary.

§15-449. Place of delivery.

§15-450. Notice to owner of adverse claim.

§15-451. Notice to true owner of wrongful detention.

§15-452. Delivery to disagreeing owners.

§15-453. Bailor must be indemnified for damages.

§15-454. Care of animals.

§15-455. Use of thing bailed.

§15-456. Damages for wrongful use.

§15-457. Sale of perishing thing.

§15-458. Presumed negligence for injury.

§15-459. Duties and liabilities of bailee rendering services.

§15-460. Measure of damages.

§15-461. Gratuitous bailment.

§15-462. Involuntary bailment is gratuitous.

§15-463. Gratuitous bailee - Slight care.

§15-464. Gratuitous bailee - When duties cease.

§15-465. Bailment for hire.

§15-466. Bailee for hire - Ordinary care required.

§15-467. Rate of compensation.

§15-468. Termination of bailment.

§15-469. Termination on payment of full compensation.

§15-470. Things intentionally abandoned.

§15-471. Bailment for exchange transfers title.

§15-501. Liability and lien of keeper of an inn or boarding house.

§15-503. Hotels, apartment hotels, inns - Guest rooms to have suitable locks.

§15-503a. Safe, vault or other depository - Notice - Liability to guest for loss of property.

§15-503b. Liability for loss of or damage to property of guest.

§15-503c. "Apartment hotel" defined.

§15-503d. "Guest" defined.

§15-504. Short title.

§15-505. Definitions.

§15-506. Right to refuse accommodation - Financial guarantees - Limitation on number of occupants - Immunity.

§15-507. Damages.

§15-508. Ejection of guests.

§15-509. Notice to guests.

§15-511. Finder a bailee, when.

§15-512. Finder must notify owner if known.

§15-513. Claimant must prove ownership.

§15-514. Compensation and reward for service.

§15-515. Exoneration of finder from liability by storing with another.

§15-516. Finder may sell, when.

§15-517. Manner of sale.

§15-518. Surrender of thing to finder.

§15-561. "Contract of sale," "person," defined.

§15-562. Contract of sale valid, when.

§15-563. Brokers - Parties liable.

§15-564. Contract of sale - When invalid.

§15-565. Bucket shops defined and prohibited.

§15-566. Prima facie evidence of illegality of contract and operation of bucketshop.

§15-567. Punishment for violations - Second offenses - Forfeiture of corporate charters.

§15-568. Organization of exchanges, boards of trade, and similar institutions - Rules and regulations - Inspection of books.

§15-569. Market quotations and news, right to receive and post - Delivery, etc., contemplated.

§15-570. Partial invalidity of act.

§15-598.1. Short title.

§15-598.2. Definitions.

§15-598.3. Sales below cost prohibited in certain cases.

§15-598.4. Punishment for sales below cost.

§15-598.5. Injunctive relief - Damages - Prima facie evidence.

§15-598.6. Exempted sales.

§15-598.7. Meeting competitor's prices.

§15-598.8. Determination of cost in case of sale outside ordinary channels of trade.

§15-598.9. Witnesses - Production of books, records, etc.

§15-598.10. Trade association may sue.

§15-598.11. Partial invalidity.

§15-651. Citation of Act.

§15-652. Definitions.

§15-653. Purchase or sale other than in regular course of trade or business - Sales to employees.

§15-654. Advertising selling at wholesale prices.

§15-655. Violations of act.

§15-656. Injunction - Costs - Damages.

§15-657. Application of act.

§15-675. Short title.

§15-676. Definitions.

§15-677. Commission - Time when due.

§15-678. Termination of contract - Payment of commission - Attorney's fees and court costs.

§15-679. Principal - Personal jurisdiction - Waiver of provisions of Act - Availability of rights and remedies - Contracts affected.

§15-680. Short title.

§15-681. Definitions.

§15-682. Contract to be in writing - Copy to customer - Written statement to customer and summary of terms.

§15-683. Cancellation of contract.

§15-684. Form and requisites of contract.

§15-685. Disclosure of certain information to customer - Time period.

§15-686. Financial requirements of invention developer.

§15-687. Restrictions on use of negotiable instruments.

§15-688. Maintenance of records and correspondence.

§15-689. Act not exclusive - Noncompliance - Violations - Remedies - Application of act.

§15-691. Definitions.

§15-692. Customer's right and title to any die, mold, form or pattern - Claim of possession - Transfer of title to molder - Notice to customer.

§15-693. Molder's lien.

§15-694. Sale of die, mold, form or pattern - Notice to customer.

§15-721. Unsolicited goods - Receipt deemed unconditional gift - Injunctive relief.

§15-722. Unsolicited goods sent by organization to member after termination of membership.

§15-751. Short title.

§15-752. Definitions.

§15-752A. Credit card receipts - Restrictions on printing certain account information - Operative dates of section.

§15-753. Unlawful practices.

§15-754. Exemptions.

§15-755.1. Automatic dial announcing devices - Operation - Conditions.

§15-755.2. Contracts - Calls from automatic dial answering devices - Voidability.

§15-755.3. Message relaying services.

§15-756.1. Actions by Attorney General or district attorney - Consent judgment - Orders.

§15-757. Investigations.

§15-758. Subpoenas, hearings, rules and regulations.

§15-759. Service of notice, demand or subpoena.

§15-760. Enforcement of notice, demand or subpoena powers.

§15-761.1. Liability under Consumer Protection Act.

§15-762. Additional powers and duties.

§15-763. Effect on other remedies.

§15-764.1. Definitions - Rescission period.

§15-765.1. Short title - Construction of violations.

§15-765.2. Definitions - Application of act.

§15-765.3. Acts constituting fraud.

§15-765.4. Inspection and removal of mold.

§15-765.5. Short title.

§15-765.6. Construction contracts may include notice and offer to repair provisions.

§15-766. Application of closing out provisions.

§15-767. License for closing out sale - Application - Forms - Contents - Affidavits - Fees - Violations.

§15-768. District attorney to receive copy of application - Objections - Grounds for denying application.

§15-769. Issuance of license - Conditions on sale.

§15-770. Revocation of license.

§15-771. Appeals.

§15-775A.1. Legislative findings.

§15-775A.2. Definitions.

§15-775A.3. Registration with Attorney General.

§15-775A.4. Unlawful telemarketing practices.

§15-775A.5. Bond - Sureties.

§15-775B.1. Short title.

§15-775B.2. Definitions.

§15-775B.3. Registry of consumers not desiring unsolicited telemarketing calls.

§15-775B.4. Notice of establishment of no-telemarketing-sales-call registry - Inclusion and removal of consumer names and numbers.

§15-775B.5. Rules.

§15-775B.6. Violation - Administrative fines.

§15-775B.7. Telemarketer Revolving Fund.

§15-775C.1. Short title - Telephone Solicitation Act of 2022.

§15-775C.2. Definitions.

§15-775C.3. Prior express written consent required – Modification of caller identification information or voice of the caller.

§15-775C.4. Unlawful phone calls.

§15-775C.5. Exemptions.

§15-775C.6. Actions - Remedies.

§15-776.1. Fraudulent electronic mail messages.

§15-776.2. Civil remedies.

§15-776.3. Jurisdiction.

§15-776.4. Definitions.

§15-776.5. Commercial electronic mail – Definitions.

§15-776.6. Commercial electronic messages – Violations.

§15-776.7. Unsolicited commercial electronic messages – Civil action – Damages, costs, attorney fees.

§15-776.8. Short title.

§15-776.9. Definitions.

§15-776.10. Fraudulent use of web page or Internet domain name.

§15-776.11. Civil action – Standing – Remedies – Attorney fees and costs – Nature of violations.

§15-776.12. Exemptions.

§15-776.20. Legislative findings.

§15-776.21. Short title.

§15-776.22. Definitions.

§15-776.23. Unlawful acts - Exceptions - Penalties.

§15-777.1. Short title.

§15-777.2. Definitions.

§15-777.3. Limitation of action.

§15-777.4. Maximum permitted price or rate for sale, rent, or lease of goods, services, dwelling units, or storage space - Application of section.

§15-777.5. Violations.

§15-778. Military service member contracts - Termination, suspension, reinstatement.

§15-781. Short title.

§15-782. Legislative findings and intent.

§15-783. Exemptions.

§15-784. Third party prescription program defined.

§15-785. Requirements for instituting third party prescription programs.

§15-786. Identification cards - Ineligibility - Notice.

§15-787. Payments.

§15-788. Reimbursement rate - Right to participate in third party prescription program.

§15-789. Enforcement of act - Rules and regulations.

§15-790. Copyright owners and performing rights societies - Royalty contracts.

§15-795. Short title.

§15-796. Definitions.

§15-797. Unlawful gift certificate or gift card sales – Exemptions – Dormancy fees - Refunds.

§15-798. Gift certificate or gift card value – Trust property.

§15-798.1. Exemptions.

§15-799. Enforcement of act.

§15-799A.1. Short title - Oklahoma INFORM Act.

§15-799A.2. Definitions.

§15-799A.3. Online marketplaces – High-volume seller information required.

§15-799A.4. Disclosure of identity information high-volume sellers to consumers.

§15-799A.5. Reporting mechanism for consumers.

§15-799A.6. Notice and suspension of sales activity.

§15-799A.7. Attorney General – Civil action authority.

§15-799A.8. Prohibited from imposing certain requirements on online marketplaces.

§15-820. Frequency and time period of payments to prime contractor - Exemption - Suspension and resumption of work.

§15-821. Unenforceable contract provisions.

§15-901. Motor vehicles - Repairing under warranty.

§15-901.1. Lemon Law Buyback certificate of title notation.

§15-902. Installation or reinstallation of object in lieu of airbag - Violation - Penalty.

§15-910. Short title.

§15-910.1. Definitions.

§15-910.2. Manufacturer warranty - Repairs.

§15-910.3. Required actions of manufacturer after failure to repair - Refunds.

§15-910.4. Receipt of new assistive device or refund - Actions required of consumer - Sale or lease of returned assistive devices.

§15-910.5. Right to alternate arbitration - Construction of act - Waiver - Actions for damages.

§15-951. Short title.

§15-952. Purpose.

§15-953. Definitions.

§15-954. Manufacturer's logo or name - Affixing to any aftermarket crash part.

§15-955. Use of non-original equipment manufacturer aftermarket crash parts - Identification of parts - Disclosure to insured.

§15-956. Violations - Enforcement.

§15-1001. Short title.

§15-1002. Purpose.

§15-1003. Statutory form for power of attorney.

§15-1004. Durability of power of attorney.

§15-1005. Construction of power generally.

§15-1006. Construction of power relating to real property transactions.

§15-1007. Construction of power relating to tangible personal property transactions.

§15-1008. Construction of power relating to stock and bond transactions.

§15-1009. Construction of power relating to commodity and option transactions.

§15-1010. Construction of power relating to banking and other financial institution transactions.

§15-1011. Construction of power relating to business operating transactions.

§15-1012. Construction of power relating to insurance transactions.

§15-1013. Construction of power relating to estate, trust, and other beneficiary transactions.

§15-1014. Construction of power relating to claims and litigation.

§15-1015. Construction of power relating to personal and family maintenance.

§15-1016. Construction of power relating to benefits from social security, medicare, medicaid, or other governmental programs or military service.

§15-1017. Construction of power relating to retirement plan transactions.

§15-1018. Construction of power relating to tax matters.

§15-1019. Existing interests; foreign interests.

§15-1020. Uniformity of application and construction.