Okla. Stat. tit. 15 § 213
Current through Laws 2024, c. 279.
Except as expressly provided in Section 215 of this title, penalties imposed by contract for any non-performance thereof, are void. But this section does not render void such bonds or obligations, penal in form, as have heretofore been commonly used; it merely rejects and avoids the penal clauses.
Okla. Stat. tit. 15, § 213