Wyoming § 40-14-237 - Certain negotiable instruments prohibited.
Full text of Wyoming Wyoming Statutes Annotated § 40-14-237 — Certain negotiable instruments prohibited., with citation guidance and answers to common questions.
§ 40-14-237. Certain negotiable instruments prohibited.
In a consumer credit sale or consumer lease the seller or lessor may not take a negotiable instrument other than a check as evidence of the obligation of the buyer or lessee. A holder is not in good faith if he takes a negotiable instrument with notice that it is issued in violation of this section. A holder in due course is not subject to the liabilities set forth in the provisions on the effect of violations on rights of parties (W.S. 40-14-521) and the provisions on civil actions by administrator (W.S. 40-14-613).
Frequently Asked Questions About Wyoming § 40-14-237
What does Wyoming Statutes Annotated § 40-14-237 cover?
Section 40-14-237 ("Certain negotiable instruments prohibited.") 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 § 40-14-237?
A common citation format is "Wyoming Statutes Annotated § 40-14-237" (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 § 40-14-237 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.