Wyoming Statutes
§ 40-14-244 — No assignment of earnings
(a)A seller or lessor may not take an assignment of
earnings of the buyer or lessee for payment or as security for
payment of a debt arising out of a consumer credit sale or a
consumer lease. An assignment of earnings in violation of this
section is unenforceable by the assignee of the earnings and
revocable by the buyer or lessee. This section does not prohibit
an employee from authorizing deductions from his earnings if the
authorization is revocable.
(b)Notwithstanding the foregoing prohibition, a seller or
lessor may take an assignment of commissions or accounts
receivable payable to the buyer or lessee for services rendered
for payment or as security for payment of a debt arising out of
a consumer lease.
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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