Compliance News: Wyoming Amends Their Version of the UCCC

Mar 3, 2021

Topics: In the News, Compliance News Alert

On February 9, 2021 Gov. Mark Gordon (R) signed into law WY H.B. 0008 (2021), which amends various sections of the Wyoming-version of the Uniform Consumer Credit Code. Among these changes are amendments to the definition of a “loan primarily secured by an interest in land."

These amendments take effect on July 1, 2021 and apply to agreements entered into on or after said date.

We are currently reviewing this bill to determine any impact, and evaluating any modifications, to our document library and/or systems. Any modifications we make as a result will be announced on our website (https://compliance.docutech.com/).

TW 335445

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The preceding is for informational purposes only and is not and may not be construed as legal advice. No third-party entity may rely upon anything contained herein when making legal and/or other determinations regarding its practices, and such third party should consult with an attorney prior to embarking upon any specific course of action.