Individual indebtedness limitations; exceptions generally.
Wyo. Stat. Ann. § 13-3-403
in effect(a) The limitation of W.S. 13-3-402 does not apply to the following:
(i) Repealed by Laws 1992, ch. 46, § 2.
(ii) Repealed by Laws 1992, ch. 46, § 2.
(iii) Repealed by Laws 1992, ch. 46, § 2.
(iv) Obligations in the form of banker's acceptances of other banks;
(v) Loans or extensions of credit secured by a segregated deposit account in the lending bank, if a security interest has been perfected in the assigned account and, in the case of a deposit eligible for withdrawal prior to the maturity of the secured loan, the bank has established internal procedures which will prevent the release of the security;
(vi) Loans or extensions of credit secured by certificates of indebtedness, bonds, notes or treasury bills of the United States or by other debts fully guaranteed as to principal and interest by the United States government. Collateral values shall fully secure the loan or extension of credit at current market value, provided that should market value decline below that of the loan or extension of credit, that within ten (10) days of that decline, the limitations of W.S. 13-3-402 will then apply;
(vii) Loans or extensions of credit made in connection with a lender credit card, as defined in W.S. 40-14-140(a)(ix) not exceeding five thousand dollars ($5,000.00).
(b) Repealed by Laws 1992, ch. 46, § 2.
(c) Repealed by Laws 1992, ch. 46, § 2.
(d) Repealed By Laws 1998, ch. 106, § 2.
Source: WY Statutes (Official Site)URL: https://wyoleg.gov/statutes/compress/title13.pdfFetched: 10/4/2026