Wyoming § 40-14-261 Definitions; prohibited assignments; applicable
provisions

Wyoming Statutes

§ 40-14-261 — Definitions; prohibited assignments; applicable provisions

Wyoming § 40-14-261

Title 40Trade and Commerce

Ch. 14WYOMING UNIFORM CONSUMER CREDIT CODE

Art. 2CREDIT SALES

This text of Wyoming § 40-14-261 (Definitions; prohibited assignments; applicable provisions) 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. § 40-14-261 (2026).

Text

(a)"Sales financing" means being primarily engaged in the business of taking by assignment or providing financing on behalf of sellers or lessors. Assignment under this subsection shall only include non-servicing rights against debtors arising from consumer credit sales or consumer leases which at the time of assignment the buyer or lessee is not in default.

(b)"Sales finance company" means a person or organization engaged in the business of sales financing.

(c)Unless a person is a supervised financial organization, is licensed under W.S. 40-14-302(b) or has first obtained a license from the administrator, no person shall engage in sales financing.

(d)Repealed By Laws 1996, ch. 86, § 3.

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(a) "Sales financing" means being primarily engaged in the
business of taking by assignment or providing financing on
behalf of sellers or lessors. Assignment under this subsection
shall only include non-servicing rights against debtors arising
from consumer credit sales or consumer leases which at the time
of assignment the buyer or lessee is not in default.
(b) "Sales finance company" means a person or organization
engaged in the business of sales financing.
(c) Unless a person is a supervised financial
organization, is licensed under W.S. 40-14-302(b) or has first
obtained a license from the administrator, no person shall
engage in sales financing.
(d) Repealed By Laws 1996, ch. 86, § 3.