Definition of "consumer loan"; interests in land.

Wyo. Stat. Ann. § 40-14-304
in effect
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(a) Except with respect to a loan primarily secured by an interest in land, "consumer loan" is a loan made by a person regularly engaged in the business of making loans in which: (i) The debtor is a person other than an organization; (ii) The debt is incurred primarily for a personal, family or household purpose; (iii) Either the debt is payable in installments or a loan finance charge is made; and (iv) The principal does not exceed seventy-five thousand dollars ($75,000.00). (b) Repealed by Laws 1981, ch. 147, § 2. (c) "Loan primarily secured by an interest in land" means a loan made for the purpose of purchasing or acquiring ownership of land and appurtenances, including structures affixed to the land, and which is secured by a first mortgage lien. A loan primarily secured by an interest in land is not a consumer loan, except that W.S. 40-14-320, 40-14-323, 40-14-354 and 40-14-520 through 40-14-524 shall apply to loans primarily secured by an interest in land.
Source: WY Statutes (Official Site)URL: https://wyoleg.gov/statutes/compress/title40.pdfFetched: 10/4/2026
Source: Public.Resource.Org WY StatutesURL: https://unicourt.github.io/cic-code-wy/transforms/wy/ocwy/r78/gov.wy.code.title.40.htmlFetched: 6/28/2026
Wyo. Stat. Ann. § 40-14-304 — Definition of "consumer loan"; interests in land | Wyoming Statutes Annotated | Corpus