Wyoming Statutes
§ 34.1-1-309 — Option to accelerate at will
Wyoming § 34.1-1-309
JurisdictionWyoming
Title 34.1Uniform Commercial Code
This text of Wyoming § 34.1-1-309 (Option to accelerate at will) 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. § 34.1-1-309 (2026).
Text
A term providing that one (1) party or that party's successor in
interest may accelerate payment or performance or require
collateral or additional collateral "at will" or when the party
"deems itself insecure," or words of similar import, means that
the party has power to do so only if that party in good faith
believes that the prospect of payment or performance is
impaired. The burden of establishing lack of good faith is on
the party against which the power has been exercised.
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Nearby Sections
15
§ 34.1-1-101
Short titles§ 34.1-1-102
Scope of article§ 34.1-1-104
Construction against implied repeal§ 34.1-1-105
Severability§ 34.1-1-106
Use of singular and plural; gender§ 34.1-1-107
Section captions§ 34.1-1-201
General definitions§ 34.1-1-202
Notice; knowledge§ 34.1-1-203
Lease distinguished from security interest§ 34.1-1-204
Value§ 34.1-1-205
Reasonable time; seasonableness§ 34.1-1-206
PresumptionsCite This Page — Counsel Stack
Bluebook (online)
Wyoming § 34.1-1-309, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/34.1-1-309.