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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".
Universal Citation: WY Stat § 40-14-306 (2021)
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.
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