Wyoming Statutes

§ 40-14-237 — Certain negotiable instruments prohibited

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