Okla. Stat. » Title 15 — CONTRACTS
Oklahoma Statutes

Okla. Stat. tit. 15, § 334 (2026)

Limitation of guarantor's obligation

✓ current as of July 2026
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The obligation of a guarantor must be neither larger in amount, nor in other respects more burdensome than that of the principal; and if, in its terms, it exceeds it, it is reducible in proportion to the principal obligation. R.L.1910, § 1039.

Notes of Decisions
Cited in 3 cases, 1990–2000 · leading case: Founders Bank & Trust Co. v. Upsher, 830 P.2d 1355 (Okla. 1992).
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Founders Bank & Trust Co. v. Upsher, 830 P.2d 1355 (Okla. 1992). · cites it 2× “26 The terms of 15 O.S.1981 § 334 provide that the obligation of a guarantor must be neither larger in amount nor in other respects more burdensome than that of the principal.”
Ina Life Ins. Co. v. Brandywine Assocs., Ltd., 800 P.2d 1073 (Okla. Civ. App. 1990). “15 O.S.1981 § 334. A guaranty relating to future liability of the principal, under successive transactions, which either continues his liability, or from time to time renews it after it has been satisfied, is called a continuing guaranty.”
Home-Stake Oil & Gas v. Home-Stake Acq. (10th Cir. 2000). “” Okla. Stat. Ann. tit. 15, § 334 (West. Supp.”
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