Oklahoma Statutes

Okla. Stat. tit. 15, § 324 (2026)

Guaranty must be in writing - Consideration need not be

✓ current as of July 2026
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expressed. Except as prescribed by the next section, a guaranty must be in writing, and signed by the guarantor; but the writing need not express a consideration. R.L.1910, § 1029.

Notes of Decisions
Cited in 2 cases, 1994–2000 · leading case: Cinco Enter., Inc. v. Benso, 890 P.2d 866 (Okla. 1994).
Cinco Enter., Inc. v. Benso, 890 P.2d 866 (Okla. 1994). “The applicable statute is 15 O.S.1991, § 324, which provides that “a guaranty must be in writing, and signed by the guarantor; but the writing need not express a consideration.”
Home-Stake Oil & Gas v. Home-Stake Acq. (10th Cir. 2000). “” Okla. Stat. Ann. tit. 15, § 324 (West 1993).”
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