Wyoming § 40-14-406 Unconscionability

Wyoming Statutes

§ 40-14-406 — Unconscionability

Wyoming § 40-14-406

Title 40Trade and Commerce

Ch. 14WYOMING UNIFORM CONSUMER CREDIT CODE

Art. 4INSURANCE

This text of Wyoming § 40-14-406 (Unconscionability) 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. § 40-14-406 (2026).

Text

(a)In applying the provisions of this act on unconscionability (W.S. 40-14-508 and 40-14-611) to a separate charge for insurance, consideration shall be given, among other factors, to:

(i)Potential benefits to the debtor including the satisfaction of his obligations;

(ii)The creditor's need for the protection provided by the insurance; and

(iii)The relation between the amount and terms of credit granted and the insurance benefits provided.

(b)If consumer credit insurance otherwise complies with this article and other applicable law, neither the amount nor the term of the insurance nor the amount of a charge therefor is in itself unconscionable.

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(a) In applying the provisions of this act on
unconscionability (W.S. 40-14-508 and 40-14-611) to a separate
charge for insurance, consideration shall be given, among other
factors, to:
(i) Potential benefits to the debtor including the
satisfaction of his obligations;
(ii) The creditor's need for the protection provided
by the insurance; and
(iii) The relation between the amount and terms of
credit granted and the insurance benefits provided.
(b) If consumer credit insurance otherwise complies with
this article and other applicable law, neither the amount nor
the term of the insurance nor the amount of a charge therefor is
in itself unconscionable.