Okla. Stat. tit. 12A § 2-303

Current through Laws 2024, c. 453.
Section 2-303 - Allocation or Division of Risks

Where this article allocates a risk or a burden as between the parties "unless otherwise agreed", the agreement may not only shift the allocation but may also divide the risk or burden.

Okla. Stat. tit. 12A, § 2-303

Laws 1961, p. 79, § 2-303.

Oklahoma Code Comment

There are no previous Oklahoma decisions which have stated this rule, but it is a well recognized principle. See Garrison Coal Co. v. Semple, 82 Okl. 60, 198 P. 497 (1921); E. M. Brash Cigar Co. v. Wilson, 32 Okl. 153, 121 P. 223 (1911).