Oklahoma Statutes

Okla. Stat. tit. 23, § 8 (2026)

Waiver of interest

✓ current as of July 2026

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Accepting payment of the whole principal, as such, waives all claim to interest. R.L. 1910, § 2850.

Notes of Decisions

Cited in 3 cases, 1962–1996 · leading case: Shutts v. Phillips Petroleum Co., 732 P.2d 1286 (Kan. 1987).

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Shutts v. Phillips Petroleum Co., 732 P.2d 1286 (Kan. 1987). · cites it 3× “Finally, Phillips argues that under Okla. Stat. tit. 23, § 8 (1981), Phillips is not liable for interest.”

Webster Drilling Co. v. Sterling Oil of Oklahoma, Inc., 376 P.2d 236 (Okla. 1962). · cites it 5× “*238 Sterling argues in effect that under either theory advanced by Webster, the petition shows upon its face that Webster’s claim for interest is barred by the terms of 23 O.S.1961 § 8, which provides as follows: “Accepting payment of the whole principal, as such, waives all…”

Special Indem. Fund v. Adams, 918 P.2d 84 (Okla. Civ. App. 1996). “*86 Next, the Special Indemnity Fund asserts that Claimants’ acceptance of the principal amount of the award waives any claim for interest under 23 O.S.1991 § 8. The operative wording in the statute is “claim to interest.”

Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.