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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) “Consumer lease” means a lease of goods:
(i) Which a lessor regularly engaged in the business of leasing makes to a person, other than an organization, who takes under the lease primarily for a personal, family or household purpose;
(ii) In which the amount payable under the lease does not exceed seventy-five thousand dollars ($75,000.00); and
(iii) Which is for a term exceeding four (4) months.
(b) “Consumer lease” does not include a lease made pursuant to a lender credit card or similar arrangement.
Cite this article: FindLaw.com - Wyoming Statutes Title 40. Trade and Commerce § 40-14-206. Definition of “consumer lease” - last updated January 01, 2024 | https://codes.findlaw.com/wy/title-40-trade-and-commerce/wy-st-sect-40-14-206/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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