Wyoming § 40-14-206 Definition of "consumer lease"

Wyoming Statutes

§ 40-14-206 — Definition of "consumer lease"

Wyoming·Title 40 Trade and Commerce·Ch. 14 WYOMING UNIFORM CONSUMER CREDIT CODE·Art. 2 CREDIT SALES

(a)"Consumer lease" means a lease of goods:

(i)Which a lessor regularly engaged in the business of leasing makes to a person, other than an organization, who takes under the lease primarily for a personal, family or household purpose;

(ii)In which the amount payable under the lease does not exceed seventy-five thousand dollars ($75,000.00); and

(iii)Which is for a term exceeding four (4) months.

(b)"Consumer lease" does not include a lease made pursuant to a lender credit card or similar arrangement.

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(a) "Consumer lease" means a lease of goods:
(i) Which a lessor regularly engaged in the business
of leasing makes to a person, other than an organization, who
takes under the lease primarily for a personal, family or
household purpose;
(ii) In which the amount payable under the lease does
not exceed seventy-five thousand dollars ($75,000.00); and
(iii) Which is for a term exceeding four (4) months.
(b) "Consumer lease" does not include a lease made
pursuant to a lender credit card or similar arrangement.

Wyoming § 40-14-206 (Definition of "consumer lease") — published by Counsel Stack Legal Research, free access to 12M+ legal documents.