Wyoming § 34.1-3-202 Negotiation subject to rescission

Wyoming Statutes

§ 34.1-3-202 — Negotiation subject to rescission

Wyoming § 34.1-3-202

Title 34.1Uniform Commercial Code

Art. 3NEGOTIABLE INSTRUMENTS

This text of Wyoming § 34.1-3-202 (Negotiation subject to rescission) 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. § 34.1-3-202 (2026).

Text

(a)Negotiation is effective even if obtained (1) from an infant, a corporation exceeding its powers, or a person without capacity, (2) by fraud, duress, or mistake, or (3) in breach of duty or as part of an illegal transaction.

(b)To the extent permitted by other law, negotiation may be rescinded or may be subject to other remedies, but those remedies may not be asserted against a subsequent holder in due course or a person paying the instrument in good faith and without knowledge of facts that are a basis for rescission or other remedy.

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(a) Negotiation is effective even if obtained (1) from an
infant, a corporation exceeding its powers, or a person without
capacity, (2) by fraud, duress, or mistake, or (3) in breach of
duty or as part of an illegal transaction.
(b) To the extent permitted by other law, negotiation may
be rescinded or may be subject to other remedies, but those
remedies may not be asserted against a subsequent holder in due
course or a person paying the instrument in good faith and
without knowledge of facts that are a basis for rescission or
other remedy.