Wyoming § 40-14-237 Certain negotiable instruments prohibited

Wyoming Statutes

§ 40-14-237 — Certain negotiable instruments prohibited

Wyoming § 40-14-237

Title 40Trade and Commerce

Ch. 14WYOMING UNIFORM CONSUMER CREDIT CODE

Art. 2CREDIT SALES

This text of Wyoming § 40-14-237 (Certain negotiable instruments prohibited) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wyo. Stat. Ann. § 40-14-237 (2026).

Text

In a consumer credit sale or consumer lease the seller or lessor
may not take a negotiable instrument other than a check as
evidence of the obligation of the buyer or lessee. A holder is
not in good faith if he takes a negotiable instrument with
notice that it is issued in violation of this section. A holder
in due course is not subject to the liabilities set forth in the
provisions on the effect of violations on rights of parties
(W.S. 40-14-521) and the provisions on civil actions by
administrator (W.S. 40-14-613).

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In a consumer credit sale or consumer lease the seller or lessor
may not take a negotiable instrument other than a check as
evidence of the obligation of the buyer or lessee. A holder is
not in good faith if he takes a negotiable instrument with
notice that it is issued in violation of this section. A holder
in due course is not subject to the liabilities set forth in the
provisions on the effect of violations on rights of parties
(W.S. 40-14-521) and the provisions on civil actions by
administrator (W.S. 40-14-613).