Mistake of law defined

15 O.S. § 64, under Contracts.

15 O.S. § 64

Mistakes of law constitute a mistake within the meaning of this article only when it arises from: 1. A misapprehension of the law by all parties, all supposing that they knew and understood it, and all making substantially the same mistake as to the law; or, 2. A misapprehension of the law by one party, of which the others are aware at the time of contracting, but which they do not rectify. R.L.1910, § 909.