{"data":{"id":"us-wy/wyo.-stat.-40-14-261","jurisdiction":"us-wy","citation":"Wyo. Stat. § 40-14-261","heading":"Definitions; prohibited assignments; applicable provisions.","body":"(a) \"Sales financing\" means being primarily engaged in the business of taking by assignment or providing financing on behalf of sellers or lessors. Assignment under this subsection shall only include non-servicing rights against debtors arising from consumer credit sales or consumer leases which at the time of assignment the buyer or lessee is not in default.\n(b) \"Sales finance company\" means a person or organization engaged in the business of sales financing.\n(c) Unless a person is a supervised financial organization, is licensed under W.S. 40-14-302(b) or has first obtained a license from the administrator, no person shall engage in sales financing.\n(d) Repealed By Laws 1996, ch. 86, § 3.","path":["TITLE 40 - TRADE AND COMMERCE","CHAPTER 14 - WYOMING UNIFORM CONSUMER CREDIT CODE","ARTICLE 2 - CREDIT SALES"],"source_url":"https://wyoleg.gov/statutes/compress/title40.pdf","current_through":"2026 Budget Session; as of 2026-07-01","vintage":"","retrieved_at":"2026-09-04T00:16:32Z","sha256":"6321c8e129b220250a0868da56912a4dae31223614bda69bf1cb0b1e27e479e6","source_id":"us-wy","stale":false,"prev":"us-wy/wyo.-stat.-40-14-260","next":"us-wy/wyo.-stat.-40-14-301"},"notice":"GroundRules: Original legal text. Not legal advice."}