Okla. Stat. tit. 15, § 265 – When Rate of Interest Not Specified - Annual Rate | Midpage
§ 265
Okla. Stat. tit. 15, § 265
When Rate of Interest Not Specified - Annual Rate
R.L. 1910, § 1003.
When a rate of interest is prescribed by a law or contract, without specifying the period of time by which such rate is to be calculated, it is to be deemed an annual rate.