Wyoming § 34.1-1-204 Value

Wyoming Statutes

§ 34.1-1-204 — Value

Wyoming § 34.1-1-204

Title 34.1Uniform Commercial Code

This text of Wyoming § 34.1-1-204 (Value) 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. § 34.1-1-204 (2026).

Text

(a)Except as otherwise provided in articles 3, 4 and 5 of this title, a person gives value for rights if the person acquires them:

(i)In return for a binding commitment to extend credit or for the extension of immediately available credit, whether or not drawn upon and whether or not a charge-back is provided for in the event of difficulties in collection;

(ii)As security for, or in total or partial satisfaction of, a preexisting claim;

(iii)By accepting delivery under a preexisting contract for purchase; or

(iv)In return for any consideration sufficient to support a simple contract.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Except as otherwise provided in articles 3, 4 and 5 of
this title, a person gives value for rights if the person
acquires them:
(i) In return for a binding commitment to extend
credit or for the extension of immediately available credit,
whether or not drawn upon and whether or not a charge-back is
provided for in the event of difficulties in collection;
(ii) As security for, or in total or partial
satisfaction of, a preexisting claim;
(iii) By accepting delivery under a preexisting
contract for purchase; or
(iv) In return for any consideration sufficient to
support a simple contract.