Wyoming § 26-21-111 - Premium not deemed interest; gains to creditor not violation.
Full text of Wyoming Wyoming Statutes Annotated § 26-21-111 — Premium not deemed interest; gains to creditor not violation., with citation guidance and answers to common questions.
§ 26-21-111. Premium not deemed interest; gains to creditor not violation.
The premium or cost of credit life or credit disability insurance when issued through any creditor is not deemed interest or charges, or consideration or an amount in excess of permitted charges in connection with the loan or other credit transaction. Any gain or advantage to the creditor arising out of the premium or commission or dividend from the issuance of the insurance is not a violation of any other law of this state.
Source: official Wyoming text · Last verified 2026-08-27
Frequently Asked Questions About Wyoming § 26-21-111
What does Wyoming Statutes Annotated § 26-21-111 cover?
Section 26-21-111 ("Premium not deemed interest; gains to creditor not violation.") 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 § 26-21-111?
A common citation format is "Wyoming Statutes Annotated § 26-21-111" (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 § 26-21-111 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.