2012 Wyoming Statutes
TITLE 34.1 - UNIFORM COMMERCIAL CODE
34.1-3-412. Obligation of issuer of note or cashier's check.


WY Stat § 34.1-3-412 (through 2012) What's This?

The issuer of a note or cashier's check or other draft drawn on the drawer is obliged to pay the instrument (1) according to its terms at the time it was issued or, if not issued, at the time it first came into possession of a holder, or (2) if the issuer signed an incomplete instrument, according to its terms when completed, to the extent stated in sections 34.1-3-115 and 34.1-3-407. The obligation is owed to a person entitled to enforce the instrument or to an indorser who paid the instrument under section 34.1-3-415.

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