{"data":{"id":"us-wy/wyo.-stat.-34.1-1-204","jurisdiction":"us-wy","citation":"Wyo. Stat. § 34.1-1-204","heading":"Value.","body":"(a) Except as otherwise provided in articles 3, 4 and 5 of this title, a person gives value for rights if the person acquires them:\n(i) In return for a binding commitment to extend credit or for the extension of immediately available credit, whether or not drawn upon and whether or not a charge-back is provided for in the event of difficulties in collection;\n(ii) As security for, or in total or partial satisfaction of, a preexisting claim;\n(iii) By accepting delivery under a preexisting contract for purchase; or\n(iv) In return for any consideration sufficient to support a simple contract.","path":["TITLE 34.1 - UNIFORM COMMERCIAL CODE","REVISED ARTICLE 1 - GENERAL PROVISIONS","PART 2. GENERAL DEFINITIONS AND PRINCIPLES OF INTERPRETATION"],"source_url":"https://wyoleg.gov/statutes/compress/title34.1.pdf","current_through":"2026 Budget Session; as of 2026-07-01","vintage":"","retrieved_at":"2026-09-04T00:16:32Z","sha256":"7aefb85a5979b4c967503127448ee277a9c5e0608361d9abc9040fc38648a035","source_id":"us-wy","stale":false,"prev":"us-wy/wyo.-stat.-34.1-1-203","next":"us-wy/wyo.-stat.-34.1-1-205"},"notice":"GroundRules: Original legal text. Not legal advice."}
