Wyoming § 40-14-307 Additional definitions

Wyoming Statutes

§ 40-14-307 — Additional definitions

Wyoming § 40-14-307

Title 40Trade and Commerce

Ch. 14WYOMING UNIFORM CONSUMER CREDIT CODE

Art. 3LOANS

This text of Wyoming § 40-14-307 (Additional definitions) 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. § 40-14-307 (2026).

Text

(a)Except as otherwise provided, "lender" includes an assignee of the lender's right to payment but use of the term does not in itself impose on an assignee any obligation of the lender with respect to events occurring before the assignment.

(b)A loan, refinancing, or consolidation is "precomputed" if the debt is expressed as a sum comprising the principal and the amount of the loan finance charge computed in advance.

(c)"Principal" of a loan means the total of:

(i)The net amount paid to, receivable by, or paid or payable for the account of the debtor;

(ii)The amount of any discount excluded from the loan finance charge (W.S. 40-14-309(b)); and

(iii)To the extent that payment is deferred:

(A)Amounts actually paid or to be paid by the lender for registration, certificate of title or

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(a) Except as otherwise provided, "lender" includes an
assignee of the lender's right to payment but use of the term
does not in itself impose on an assignee any obligation of the
lender with respect to events occurring before the assignment.
(b) A loan, refinancing, or consolidation is "precomputed"
if the debt is expressed as a sum comprising the principal and
the amount of the loan finance charge computed in advance.
(c) "Principal" of a loan means the total of:
(i) The net amount paid to, receivable by, or paid or
payable for the account of the debtor;
(ii) The amount of any discount excluded from the
loan finance charge (W.S. 40-14-309(b)); and
(iii) To the extent that payment is deferred:
(A) Amounts actually paid or to be paid by the
lender for registration, certificate of title or license fees if
not included in paragraph (i) of this subsection; and
(B) Additional charges permitted by this article
(W.S. 40-14-311).