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Wyoming · Through 2026 Budget Session; as of 2026-07-01

Wyo. Stat. § 34.1-9-338: Priority of security interest or agricultural lien perfected by filed financing statement providing certain incorrect information.

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Where this section sits in the code
  1. TITLE 34.1 - UNIFORM COMMERCIAL CODE
  2. ARTICLE 9 - SECURED TRANSACTIONS
  3. PART 3 PERFECTION AND PRIORITY

(a) If a security interest or agricultural lien is perfected by a filed financing statement providing information described in section 34.1-9-516(b)(v) which is incorrect at the time the financing statement is filed:

(i) The security interest or agricultural lien is subordinate to a conflicting perfected security interest in the collateral to the extent that the holder of the conflicting security interest gives value in reasonable reliance upon the incorrect information; and

(ii) A purchaser, other than a secured party, of the collateral takes free of the security interest or agricultural lien to the extent that, in reasonable reliance upon the incorrect information, the purchaser gives value and, in the case of tangible chattel paper, tangible documents, goods, instruments or a security certificate, receives delivery of the collateral.

Collected 2026-09-04T00:16:32Z. Source file · JSON

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