Wyoming Statutes
§ 40-14-340 — Use of multiple agreements
No lender shall permit any person or two (2) married persons to
become obligated in any way under more than one (1) loan
agreement with the lender or with a person related to the lender
with intent to obtain a higher rate of loan finance charge than
would otherwise be permitted or to avoid disclosure of an annual
percentage rate pursuant to the laws relating to disclosure and
advertising. The excess amount of loan finance charge provided
for in agreements in violation of this section is an excess
charge for the purposes of 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).
Part 5. Supervised Loans
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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