Wyoming § 40-14-451 - Risk of loss or damage.
Full text of Wyoming Wyoming Statutes Annotated § 40-14-451 — Risk of loss or damage., with citation guidance and answers to common questions.
§ 40-14-451. Risk of loss or damage.
If a creditor contracts for or receives a separate charge for insurance against loss of or damage to property, the risk of loss or damage not willfully caused by the debtor is on the debtor only to the extent of any deficiency in the effective coverage of the insurance, even though the insurance covers only the interest of the creditor.
Source: official Wyoming text · Last verified 2026-08-27
Frequently Asked Questions About Wyoming § 40-14-451
What does Wyoming Statutes Annotated § 40-14-451 cover?
Section 40-14-451 ("Risk of loss or damage.") is part of the Wyoming Statutes Annotated, the codified statutory law of Wyoming. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Wyoming § 40-14-451?
A common citation format is "Wyoming Statutes Annotated § 40-14-451" (Wyoming). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Wyoming law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Wyoming official source linked on this page or consult a licensed Wyoming attorney.
How does Wyoming § 40-14-451 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Wyoming can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Wyoming.