§ 34.1-9-210 — Request for accounting; request regarding list of collateral or statement of account

Wyoming § 34.1-9-210

• Jurisdiction: Wyoming
• Title 34.1: Uniform Commercial Code
• Art. 9: SECURED TRANSACTIONS

Text

(a) In this section:
(i) "Request" means a record of a type described in
paragraph (ii), (iii) or (iv);
(ii) "Request for an accounting" means a record
authenticated by a debtor requesting that the recipient provide
an accounting of the unpaid obligations secured by collateral
and reasonably identifying the transaction or relationship that
is the subject of the request;
(iii) "Request regarding a list of collateral" means
a record authenticated by a debtor requesting that the recipient
approve or correct a list of what the debtor believes to be the
collateral securing an obligation and reasonably identifying the
transaction or relationship that is the subject of the request;
(iv) "Request regarding a statement of account" means
a record authenticated by a debtor requesting that the recipient
approve or correct a statement indicating what the debtor
believes to be the aggregate amount of unpaid obligations
secured by collateral as of a specified date and reasonably
identifying the transaction or relationship that is the subject
of the request.
(b) Subject to subsections (c), (d), (e) and (f), a
secured party, other than a buyer of accounts, chattel paper,
payment intangibles or promissory notes or a consignor, shall
comply with a request within fourteen (14) days after receipt:
(i) In the case of a request for an accounting, by
authenticating and sending to the debtor an accounting; and
(ii) In the case of a request regarding a list of
collateral or a request regarding a statement of account, by
authenticating and sending to the debtor an approval or
correction.
(c) A secured party that claims a security interest in all
of a particular type of collateral owned by the debtor may
comply with a request regarding a list of collateral by sending
to the debtor an authenticated record including a statement to
that effect within fourteen (14) days after receipt.
(d) A person that receives a request regarding a list of
collateral, claims no interest in the collateral when it
receives the request, and claimed an interest in the collateral
at an earlier time shall comply with the request within fourteen
(14) days after receipt by sending to the debtor an
authenticated record:
(i) Disclaiming any interest in the collateral; and
(ii) If known to the recipient, providing the name
and mailing address of any assignee of or successor to the
recipient's interest in the collateral.
(e) A person that receives a request for an accounting or
a request regarding a statement of account, claims no interest
in the obligations when it receives the request, and claimed an
interest in the obligations at an earlier time shall comply with
the request within fourteen (14) days after receipt by sending
to the debtor an authenticated record:
(i) Disclaiming any interest in the obligations; and
(ii) If known to the recipient, providing the name
and mailing address of any assignee of or successor to the
recipient's interest in the obligations.
(f) A debtor is entitled without charge to one (1)
response to a request under this section during any six (6)
month period. The secured party may require payment of a charge
not exceeding twenty-five dollars ($25.00) for each additional
response.
PART 3
PERFECTION AND PRIORITY
SUBPART 1
LAW GOVERNING PERFECTION AND PRIORITY