Okla. Stat. tit. 12A, § 12A-3-202: Negotiation Subject to Rescission

NEGOTIATION SUBJECT TO RESCISSION

(a) Negotiation is effective even if obtained (i) from an

infant, a corporation exceeding its powers, or a person without

capacity, (ii) by fraud, duress, or mistake, or (iii) in breach of

duty or as part of an illegal transaction.

(b) To the extent permitted by other law, negotiation may be

rescinded or may be subject to other remedies, but those remedies

may not be asserted against a subsequent holder in due course or a

person paying the instrument in good faith and without knowledge of

facts that are a basis for rescission or other remedy.