reglab/housing_qa huggingface dataset:
WY Stat § 40-14-241 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 2 - Credit Sales|Section 40-14-241 - Security in Sales or Leases.

40-14-241. Security in sales or leases.| (a) With respect to a consumer credit sale, a seller may take a security interest in the property sold. In addition, a seller may take a security interest in goods upon which services are performed or in which goods sold are installed or to which they are annexed, or in land to which the goods are affixed or which is maintained, repaired or improved as a result of the sale of the goods or services, if in the case of a security interest in land the debt secured is one thousand dollars ($1,000.00) or more, or, in the case of a security interest in goods the debt secured is three hundred dollars ($300.00) or more. Except as provided with respect to cross-collateral (W.S. 40-14-242), a seller may not otherwise take a security interest in property of the buyer to secure the debt arising from a consumer credit sale.  (b) With respect to a consumer lease a lessor shall not take a security interest in property of the lessee to secure the debt arising from the lease. This subsection does not apply to a security deposit for a consumer lease.  (c) A security interest taken in violation of this section is void.
WY Stat § 40-14-242 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 2 - Credit Sales|Section 40-14-242 - Cross-Collateral.

40-14-242. Cross-collateral.| (a) In addition to contracting for a security interest pursuant to the provisions on security in sales or leases (W.S. 40-14-241), a seller in a consumer credit sale may secure the debt arising from the sale by contracting for a security interest in other property if as a result of a prior sale the seller has an existing security interest in the other property. The seller may also contract for a security interest in the property sold in the subsequent sale as security for the previous debt.  (b) If the seller contracts for a security interest in other property pursuant to this section, the rate of credit service charge thereafter on the aggregate unpaid balances so secured may not exceed that permitted if the balances so secured were consolidated pursuant to the provisions on consolidation involving a refinancing (W.S. 40-14-217(a)(i)). The seller has a reasonable time after so contracting to make any adjustments required by this section. "Seller" in this section does not include an assignee not related to the original seller.
WY Stat § 40-14-243 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 2 - Credit Sales|Section 40-14-243 - Debt Secured by Cross-Collateral.

40-14-243. Debt secured by cross-collateral.| (a) If debts arising from two (2) or more consumer credit sales, other than sales pursuant to a revolving charge account, are secured by cross-collateral (W.S. 40-14-242) or consolidated into one (1) debt payable on a single schedule of payments, and the debt is secured by security interests taken with respect to one (1) or more of the sales, payments received by the seller after the taking of the cross-collateral or the consolidation are deemed, for the purpose of determining the amount of the debt secured by the various security interests, to have been first applied to the payment of the debts arising from the sales first made. To the extent debts are paid according to this section, security interests in items of property terminate as the debts originally incurred with respect to each item are paid.  (b) Payments received by the seller upon a revolving charge account are deemed, for the purpose of determining the amount of the debt secured by the various security interests, to have been applied first to the payment of credit service charges in the order of their entry to the account and then to the payment of debts in the order in which the entries to the account showing the debts were made.  (c) If the debts consolidated arose from two (2) or more sales made on the same day, payments received by the seller are deemed, for the purpose of determining the amount of the debt secured by the various security interests, to have been applied first to the payment of the smallest debt.
WY Stat § 40-14-244 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 2 - Credit Sales|Section 40-14-244 - No Assignment of Earnings.

40-14-244. No assignment of earnings.| (a) A seller or lessor may not take an assignment of earnings of the buyer or lessee for payment or as security for payment of a debt arising out of a consumer credit sale or a consumer lease. An assignment of earnings in violation of this section is unenforceable by the assignee of the earnings and revocable by the buyer or lessee. This section does not prohibit an employee from authorizing deductions from his earnings if the authorization is revocable.  (b) Notwithstanding the foregoing prohibition, a seller or lessor may take an assignment of commissions or accounts receivable payable to the buyer or lessee for services rendered for payment or as security for payment of a debt arising out of a consumer lease.
WY Stat § 40-14-245 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 2 - Credit Sales|Section 40-14-245 - Referral Sales.

40-14-245. Referral sales.| With respect to a consumer credit sale or consumer lease the seller or lessor may not give or offer to give a rebate or discount or otherwise pay or offer to pay value to the buyer or lessee as an inducement for a sale or lease in consideration of his giving to the seller or lessor the names of prospective purchasers or lessees, or otherwise aiding the seller or lessor in making a sale or lease to another person, if the earning of the rebate, discount or other value is contingent upon the occurrence of an event subsequent to the time the buyer or lessee agrees to buy or lease. If a buyer or lessee is induced by a violation of this section to enter into a consumer credit sale or consumer lease, the agreement is unenforceable by the seller or lessor and the buyer or lessee, at his option, may rescind the agreement or retain the goods delivered and the benefit of any services performed, without any obligation to pay for them.
WY Stat § 40-14-246 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 2 - Credit Sales|Section 40-14-246 - Notice of Assignment.

40-14-246. Notice of assignment.| The buyer or lessee is authorized to pay the original seller or lessor until the buyer or lessee receives notification of assignment of the rights to payment pursuant to a consumer credit sale or consumer lease and that payment is to be made to the assignee. A notification which does not reasonably identify the rights assigned is ineffective. If requested by the buyer or lessee, the assignee must seasonably furnish reasonable proof that the assignment has been made and unless he does so the buyer or lessee may pay the seller or lessor.
WY Stat § 40-14-247 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 2 - Credit Sales|Section 40-14-247 - Attorney's Fees.

40-14-247. Attorney's fees.| With respect to a consumer credit sale or consumer lease the agreement may provide for the payment by the buyer or lessee of reasonable attorney's fees after default and referral to an attorney not a salaried employee of the seller, or of the lessor or his assignee. A provision in violation of this section is unenforceable.
WY Stat § 40-14-248 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 2 - Credit Sales|Section 40-14-248 - Limitation on Default Charges.

40-14-248. Limitation on default charges.| Except for reasonable expenses incurred in realizing on a security interest, the agreement with respect to a consumer credit sale may not provide for any charges as a result of default by the buyer other than those authorized by this act. A provision in violation of this section is unenforceable.
WY Stat § 40-14-249 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 2 - Credit Sales|Section 40-14-249 - Authorization to Confess Judgment Prohibited.

40-14-249. Authorization to confess judgment prohibited.| A buyer or lessee may not authorize any person to confess judgment on a claim arising out of a consumer credit sale or consumer lease. An authorization in violation of this section is void.
WY Stat § 40-14-250 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 2 - Credit Sales|Section 40-14-250 - Change in Terms of Revolving Charge Accounts.

40-14-250. Change in terms of revolving charge accounts.| (a) If a seller makes a change in the terms of a revolving charge account without complying with this section any additional cost or charge to the buyer resulting from the change is an excess charge and subject to the remedies available to debtors (W.S. 40-14-521) and to the administrator (W.S. 40-14-613).  (b) A seller may change the terms of the revolving charge account whether or not the change is authorized by prior agreement. Except as provided in subsection (c) of this section, the seller shall give to the buyer written notice of any change at least three (3) times, with the first notice at least six (6) months before the effective date of the change.  (c) The notice specified in subsection (b) of this section is not required if notice of any proposed change in the terms of a revolving charge account is given to the customer at least thirty (30) days prior to the effective date of such change or thirty (30) days prior to the beginning of the billing cycle within which such change will become effective, whichever is the earlier date, and if:  (i) The buyer after receiving notice of the change agrees in writing to the change;  (ii) The buyer elects to pay an amount designated on a billing statement as including a new charge for a benefit offered to the buyer when the benefit and charge constitute the change in terms and when the billing statement also states the amount payable if the new charge is excluded;  (iii) The change involves no significant cost to the buyer;  (iv) The buyer has previously consented in writing to the kind of change made and notice of the change is given to the buyer in two (2) billing cycles prior to the effective date of the change; or  (v) The change applies only to purchases made or obligations incurred after a date specified in a notice of the change given in two (2) billing cycles prior to the effective date of the change.  (d) The notice provided for in this section is given to the buyer when mailed to him at the address used by the seller for sending periodic billing statements.
WY Stat § 40-14-251 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 2 - Credit Sales|Section 40-14-251 - Definition.

40-14-251. Definition.| (a) "Home solicitation sale" means a consumer credit sale of goods or services with a purchase price of twenty-five dollars ($25.00) or more written under single or multiple contracts, in which the seller or a person acting for him engages in a personal solicitation of the sale including face-to-face confrontation or telephone solicitation, at a place other than the place of business of the seller and the buyer's agreement or offer to purchase is there given to the seller or a person acting for him.  (b) "Home solicitation sale" shall not include:  (i) A sale consummated entirely by telephone or mail if initiated by the buyer;  (ii) A sale made pursuant to a preexisting revolving charge account; or  (iii) A sale made pursuant to prior negotiations between the parties at a business establishment with a fixed location where goods or services are offered or exhibited for sale.
WY Stat § 40-14-252 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 2 - Credit Sales|Section 40-14-252 - Buyer's Right to Cancel.

40-14-252. Buyer's right to cancel.| (a) Except as provided in subsection (e) of this section, in addition to any right otherwise to revoke an offer, the buyer has the right to cancel a home solicitation sale until midnight of the third business day after the day on which the buyer signs an agreement or offer to purchase which complies with this part.  (b) Cancellation occurs when the buyer gives written notice of cancellation to the seller at the address stated in the agreement or offer to purchase.  (c) Notice of cancellation, if given by mail, is given when it is deposited in a mailbox properly addressed and postage prepaid.  (d) Notice of cancellation given by the buyer need not take a particular form and is sufficient if it indicates by any form of written expression the intention of the buyer not to be bound by the home solicitation sale.  (e) The buyer may not cancel a home solicitation sale if the buyer requests the seller to provide goods or services without delay because of an emergency, and:  (i) The seller in good faith makes a substantial beginning of performance of the contract before the buyer gives notice of cancellation; and  (ii) In the case of goods, the goods cannot be returned to the seller in substantially as good condition as when received by the buyer.  (f) If a home solicitation sale is also subject to any other provisions on a debtor's right to rescind certain transactions, the buyer may proceed either under those provisions or under this part.
WY Stat § 40-14-254 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 2 - Credit Sales|Section 40-14-254 - Restoration of Down Payment; Retention of Goods by Buyer.

40-14-254. Restoration of down payment; retention of goods by buyer.| (a) Within ten (10) days after a home solicitation sale has been cancelled or an offer to purchase revoked, the seller shall tender to the buyer any goods traded in, any payments made by the buyer and any note or other evidence of indebtedness.  (b) If the down payment includes goods traded in, the goods must be tendered in substantially as good condition as when received by the seller. If the seller fails to tender the goods as provided by this section, the buyer may elect to recover an amount equal to the trade-in allowance stated in the agreement.  (c) Repealed by Laws 1979, ch. 117, § 2.  (d) Until the seller has complied with the obligations imposed by this section the buyer may retain possession of goods delivered to him by the seller and has a lien on the goods in his possession or control for any recovery to which he is entitled.
WY Stat § 40-14-255 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 2 - Credit Sales|Section 40-14-255 - Duty of Buyer; No Compensation for Services Prior to Cancellation; Noncompliance by Buyer.

40-14-255. Duty of buyer; no compensation for services prior to cancellation; noncompliance by buyer.| (a) Except retention of goods by the buyer pursuant to W.S. 40-14-254(d), within a reasonable time after a home solicitation sale has been cancelled or an offer to purchase revoked, the buyer upon demand shall tender to the seller any goods delivered by the seller pursuant to the sale. The buyer is not obligated to tender at any place other than his residence. If the seller fails to demand possession of goods within a reasonable time after cancellation or revocation, the goods become the property of the buyer without obligation to pay. For the purpose of this section, twenty (20) days is presumed to be a reasonable time.  (b) The buyer has a duty to take reasonable care of the goods in his possession before cancellation or revocation and for a reasonable time thereafter, during which time the goods are otherwise at the seller's risk.  (c) If the seller has performed any services pursuant to a home solicitation sale prior to its cancellation, the seller is entitled to no compensation.  (d) If the buyer fails to comply with this section or agrees to return any goods to the seller at the seller's expense and risk and fails to do so, the buyer remains liable for performance of all obligations under the written agreement or offer to purchase.
WY Stat § 40-14-256 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 2 - Credit Sales|Section 40-14-256 - Sales Subject to Provisions by Agreement of Parties.

40-14-256. Sales subject to provisions by agreement of parties.| The parties to a sale other than a consumer credit sale may agree in a writing signed by the parties that the sale is subject to the provisions of this act applying to consumer credit sales. If the parties so agree the sale is a consumer credit sale for the purposes of this act.
WY Stat § 40-14-261 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 2 - Credit Sales|Section 40-14-261 - Definitions; Prohibited Assignments; Applicable Provisions.

40-14-261. Definitions; prohibited assignments; applicable provisions.| (a) "Sales financing" means being primarily engaged in the business of taking by assignment or providing financing on behalf of sellers or lessors. Assignment under this subsection shall only include non-servicing rights against debtors arising from consumer credit sales or consumer leases which at the time of assignment the buyer or lessee is not in default.  (b) "Sales finance company" means a person or organization engaged in the business of sales financing.  (c) Unless a person is a supervised financial organization, is licensed under W.S. 40-14-302(b) or has first obtained a license from the administrator, no person shall engage in sales financing.  (d) Repealed By Laws 1996, ch. 86, § 3.
WY Stat § 40-14-301 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 3 - Loans|Section 40-14-301 - Short Title.

40-14-301. Short title.| This article shall be known and may be cited as "Uniform Consumer Credit Code-Loans."
WY Stat § 40-14-302 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 3 - Loans|Section 40-14-302 - Scope; License Required.

40-14-302. Scope; license required.| (a) This article applies to consumer loans.  (b) Unless a person is a supervised financial organization or has first obtained a license from the administrator, no person shall engage in the business of making consumer loans or taking assignments of non-servicing rights relating to consumer loans that are not in default.
WY Stat § 40-14-303 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 3 - Loans|Section 40-14-303 - Definitions.

40-14-303. Definitions.| (a) The following definitions apply to this act and appear in this article as follows:  (i) Repealed By Laws 2008, Ch. 116, § 2.  (ii) "Consumer loan"-W.S. 40-14-304;  (iii) Repealed by Laws 2021, ch. 14, § 3.  (iv) Repealed By Laws 2008, Ch. 116, § 2.  (v) "Lender"-W.S. 40-14-307(a);  (vi) "Loan"-W.S. 40-14-306;  (vii) "Loan finance charge"-W.S. 40-14-309;  (viii) "Loan primarily secured by an interest in land" - W.S. 40-14-304(c);  (ix) "Precomputed"-W.S. 40-14-307(b);  (x) "Principal"-W.S. 40-14-307(c);  (xi) "Revolving loan account"-W.S. 40-14-308;  (xii) Repealed by Laws 2021, ch. 14, § 3.  (xiii) Repealed by Laws 2021, ch. 14, § 3.
WY Stat § 40-14-304 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 3 - Loans|Section 40-14-304 - Definition of "Consumer Loan"; Interests in Land.

40-14-304. Definition of "consumer loan"; interests in land.| (a) Except with respect to a loan primarily secured by an interest in land, "consumer loan" is a loan made by a person regularly engaged in the business of making loans in which:  (i) The debtor is a person other than an organization;  (ii) The debt is incurred primarily for a personal, family or household purpose;  (iii) Either the debt is payable in installments or a loan finance charge is made; and  (iv) The principal does not exceed seventy-five thousand dollars ($75,000.00).  (b) Repealed by Laws 1981, ch. 147, § 2.  (c) "Loan primarily secured by an interest in land" means a loan made for the purpose of purchasing or acquiring ownership of land and appurtenances, including structures affixed to the land, and which is secured by a first mortgage lien. A loan primarily secured by an interest in land is not a consumer loan, except that W.S. 40-14-320, 40-14-323, 40-14-354 and 40-14-520 through 40-14-524 shall apply to loans primarily secured by an interest in land.
WY Stat § 40-14-306 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 3 - Loans|Section 40-14-306 - Definition of "Loan".

40-14-306. Definition of "loan".| (a) "Loan" includes:  (i) The creation of debt by the lender's payment of or agreement to pay money to the debtor or to a third party for the account of the debtor;  (ii) The creation of debt by a credit to an account with the lender upon which the debtor is entitled to draw immediately;  (iii) The creation of debt pursuant to a lender credit card or similar arrangement; and  (iv) The forbearance of debt arising from a loan.
WY Stat § 40-14-307 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 3 - Loans|Section 40-14-307 - Additional Definitions.

40-14-307. Additional definitions.| (a) Except as otherwise provided, "lender" includes an assignee of the lender's right to payment but use of the term does not in itself impose on an assignee any obligation of the lender with respect to events occurring before the assignment.  (b) A loan, refinancing, or consolidation is "precomputed" if the debt is expressed as a sum comprising the principal and the amount of the loan finance charge computed in advance.  (c) "Principal" of a loan means the total of:  (i) The net amount paid to, receivable by, or paid or payable for the account of the debtor;  (ii) The amount of any discount excluded from the loan finance charge (W.S. 40-14-309(b)); and  (iii) To the extent that payment is deferred:  (A) Amounts actually paid or to be paid by the lender for registration, certificate of title or license fees if not included in paragraph (i) of this subsection; and  (B) Additional charges permitted by this article (W.S. 40-14-311).
WY Stat § 40-14-308 (2021)
2021 Wyoming Statutes|Title 40 - Trade and Commerce|Chapter 14 - Wyoming Uniform Consumer Credit Code|Article 3 - Loans|Section 40-14-308 - Definition of "Revolving Loan Account".

40-14-308. Definition of "revolving loan account".| (a) "Revolving loan account" means an arrangement between a lender and a debtor pursuant to which:  (i) The lender may permit the debtor to obtain loans from time to time;  (ii) The unpaid balances of principal and the loan finance and other appropriate charges are debited to an account;  (iii) A loan finance charge if made is not precomputed but is computed on the outstanding unpaid balances of the debtor's account from time to time; and  (iv) Either the debtor has the privilege of paying in full or in installments or the lender periodically imposes charges computed on the account for delaying payment and permits the debtor to continue to obtain loans.