Section 40-20-105 – Surplus Parts Inventory; Credits.
40-20-105. Surplus parts inventory; credits. (a) Unless this section is specifically waived in writing by the dealer, a supplier shall allow a dealer to periodically, but no less than once every twelve (12) months, return a portion of the dealer’s surplus parts inventory for credit. (b) The supplier shall notify the dealer of a time […]
Section 40-20-110 – Current Agreements; Effect of Law; Void Provisions.
40-20-110. Current agreements; effect of law; void provisions. (a) Effective July 1, 2006, this chapter shall apply to all dealer agreements now in effect which have no expiration date and are a continuing contract and all other dealer agreements entered into, renewed, extended, revised, modified or changed in any manner on or after July 1, […]
Section 40-19-115 – Revocation or Suspension of License.
40-19-115. Revocation or suspension of license. (a) The administrator may issue to a person licensed under this act an order to show cause why his license should not be revoked or suspended for a period not in excess of six (6) months. The order shall state the place for a hearing and set a time […]
Section 40-19-116 – Record Retention.
40-19-116. Record retention. Every licensee shall maintain records in conformity with generally accepted accounting principles and practices in a manner which will enable the administrator to determine whether the licensee is complying with the provisions of this act. The record keeping system of a licensee shall be sufficient if he makes the required information reasonably […]
Section 40-19-117 – Examination and Investigation.
40-19-117. Examination and investigation. (a) Upon complaint the administrator may examine and copy the records of a licensee. The investigation may be made for the purposes of discovering violations of this act or securing information lawfully required. For these purposes he shall have free and reasonable access during normal office hours to the offices, places […]
Section 40-19-118 – Powers and Functions of the Administrator; Enforcement; Penalties.
40-19-118. Powers and functions of the administrator; enforcement; penalties. (a) Except as otherwise provided, the Wyoming Administrative Procedure Act, W.S. 16-3-101 through 16-3-115, shall apply to and govern all administrative actions taken by the administrator pursuant to this act. (b) The administrator may adopt rules and regulations to implement and administer this act. (c) After […]
Section 40-19-119 – Consumer Civil Actions.
40-19-119. Consumer civil actions. (a) A merchant who fails to comply with a requirement imposed in W.S. 40-19-106 through 40-19-112 or 40-12-104 shall be liable to the consumer damaged thereby in an amount equal to the greater of: (i) The actual damages sustained by the consumer as a result of the violation, plus the costs […]
Section 40-19-120 – Merchant’s Defense.
40-19-120. Merchant’s defense. (a) If a merchant establishes by a preponderance of the evidence that a violation of this act was unintentional, no penalty as specified in W.S. 40-19-118 shall be imposed and validity of the transaction shall not be affected. (b) A merchant shall not be liable under this act for any failure to […]
Section 40-19-110 – Reinstatement.
40-19-110. Reinstatement. (a) Any consumer whose default consists solely of a failure to make a timely rental payment may reinstate the agreement, without losing any rights or options which exist under the agreement, by paying the following charges within seven (7) days of the renewal date of the agreement: (i) All past due rental charges; […]
Section 40-19-111 – Liability Damage Waivers; Fees.
40-19-111. Liability damage waivers; fees. (a) A consumer and merchant may contract for a liability damage waiver. The selling or offering for sale of a liability damage waiver pursuant to this act shall be subject to the following prohibitions and requirements: (i) A merchant may not sell or offer to sell a liability damage waiver […]