Wyoming Statutes
§ 40-14-237 — Certain negotiable instruments prohibited
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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Nearby Sections
15
§ 40-14-101
Short title§ 40-14-102
Purposes; rules of construction§ 40-14-104
Construction against implicit repeal§ 40-14-105
Severability§ 40-14-106
Waiver; agreement to forego rights; settlement
of claims; legal rate of interest; applicability§ 40-14-107
Effect on powers of organizations§ 40-14-120
Territorial application§ 40-14-121
Exclusions§ 40-14-140
General definitions§ 40-14-141
Definition§ 40-14-142
Index of definitions§ 40-14-201
Short title§ 40-14-202
Scope; license required§ 40-14-203
Definitions