{"data":{"id":"us-ok/okla.-stat.-tit.-12a-12a-2a-109","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 12A, § 12A-2A-109","heading":"Option to accelerate at will","body":"OPTION TO ACCELERATE AT WILL\n\n(1) A term providing that one party or his successor in\n\ninterest may accelerate payment or performance or require collateral\n\nor additional collateral \"at will\" or \"when he deems himself\n\ninsecure\" or in words of similar import must be construed to mean\n\nthat he has power to do so only if he in good faith believes that\n\nthe prospect of payment or performance is impaired.\n\n(2) With respect to a consumer lease, the burden of\n\nestablishing good faith under subsection (1) of this section is on\n\nthe party who exercised the power; otherwise the burden of\n\nestablishing lack of good faith is on the party against whom the\n\npower has been exercised.","path":["OK Code","Title 12A"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os12A.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"6e16ad7a0a194775cd9c8c65ede60f0c16e2cd11cb6df1df3b081941f771734d","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-12a-12a-2a-108","next":"us-ok/okla.-stat.-tit.-12a-12a-2a-201"},"notice":"GroundRules: Original legal text. Not legal advice."}