§ 40-19-112 — Renegotiations and extensions

(a) A renegotiation occurs when any term of a
rental-purchase agreement that is required to be disclosed by
W.S. 40-19-107 is changed by agreement between the merchant and
consumer. A renegotiation is considered to be a new
rental-purchase agreement requiring the merchant to give all the
disclosures required by W.S. 40-19-107.
(b) The following acts shall not be considered to be a
renegotiation:
(i) Reinstatement of a rental-purchase agreement in
accordance with W.S. 40-19-110;
(ii) A merchant's waiver or failure to assert any
claim against the consumer;
(iii) A deferral, extension or waiver of a portion of
a periodic payment or of one (1) or more periodic payments; or
(iv) A change, made at the consumer's request, of the
day of the week or month on which periodic payments are to be
made.