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OK · SERVICE-AGMT · Updated July 2026 · Free

Oklahoma Service Agreement

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Oklahoma at a glance: Default Interest: 6% per year (15 Okla. Stat. § 266) · Governing Law: Oklahoma Statutes Title 15

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Overview

Service Agreements in Oklahoma

Oklahoma service agreements are governed by Title 15 of the Oklahoma Statutes. Late fees must comply with the 6% statutory cap unless written (15 Okla. Stat. § 266).
Key Facts

Oklahoma Service Agreement — Quick Reference

RequirementOklahoma Rule
Default Interest6% per year (15 Okla. Stat. § 266)
Governing LawOklahoma Statutes Title 15
Legal Requirements

Oklahoma Legal Requirements

  • Late fees exceeding 6% per year must be in writing to be enforceable.
Governing Laws

Oklahoma Governing Laws

15 Okla. Stat. § 266
Legal Rate of Interest
Defines contract default interest rates.

Read the full text of these laws at Cornell Law School's Oklahoma legal resources or your state legislature's official website.

Questions & Answers

Oklahoma Service Agreement — Frequently Asked Questions

What is the default contract interest rate in Oklahoma?

The default rate is 6% per annum.