Wyoming § 34.1-1-103 Construction of this act to promote its
purposes and policies; applicability to supplemental principles
of law

Wyoming Statutes

§ 34.1-1-103 — Construction of this act to promote its purposes and policies; applicability to supplemental principles of law

Wyoming § 34.1-1-103

Title 34.1Uniform Commercial Code

This text of Wyoming § 34.1-1-103 (Construction of this act to promote its purposes and policies; applicability to supplemental principles of law) 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. § 34.1-1-103 (2026).

Text

(a)This act shall be liberally construed and applied to promote its underlying purposes and policies, which are:

(i)To simplify, clarify, and modernize the law governing commercial transactions;

(ii)To permit the continued expansion of commercial practices through custom, usage, and agreement of the parties; and

(iii)To make uniform the law among the various jurisdictions.

(b)Unless displaced by the particular provisions of this act, the principles of law and equity, including the law merchant and the law relative to capacity to contract, principal and agent, estoppel, fraud, misrepresentation, duress, coercion, mistake, bankruptcy, and other validating or invalidating cause supplement its provisions.

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(a) This act shall be liberally construed and applied to
promote its underlying purposes and policies, which are:
(i) To simplify, clarify, and modernize the law
governing commercial transactions;
(ii) To permit the continued expansion of commercial
practices through custom, usage, and agreement of the parties;
and
(iii) To make uniform the law among the various
jurisdictions.
(b) Unless displaced by the particular provisions of this
act, the principles of law and equity, including the law
merchant and the law relative to capacity to contract, principal
and agent, estoppel, fraud, misrepresentation, duress, coercion,
mistake, bankruptcy, and other validating or invalidating cause
supplement its provisions.