Wyoming2011Inactive
HB0231
Wyoming HB0231: Post-dated check rules
Last scannedOct 19, 2026, 2:19 AM
In one sentence
This bill sets limits on post-dated check loans, requires written notices to borrowers, and creates penalties for cashers who break the rules.
What it does
- Limits the total outstanding post-dated check loans a borrower can have to $400.
- Caps the maximum loan amount at $400.
- Sets the maximum finance charge at the greater of $30 or 15% per month.
- Limits the maximum loan term to three calendar months.
- Requires cashers to give borrowers a written notice and get their signature before issuing a loan.
- Creates misdemeanor penalties and license suspension for cashers who violate these rules.
Who it affects
- Post-dated check cashers operating in Wyoming.
- Borrowers who take out post-dated check loans.
- The state administrator who oversees licenses.
Limits and unknowns
- The bill is marked as inactive and did not pass the committee in the 2011 session.
- The text is a working draft, so final numbers may have changed if it had passed.
- The bill does not specify how the state administrator determines if a violation occurred.
Plain language
Terms to know
- Post-dated check casher
- A business licensed to lend money based on a check dated in the future.
- Finance charge
- The fee or interest charged for borrowing money.
- Outstanding loans
- Loans that have not yet been fully paid back.
Official record
Sources
Public statements
Why lawmakers voted
Last checked Aug 7, 5:20 PM
Couldn't find a published reason.
Wyoming roll calls
Recorded votes
1 roll call
H Committee Returned Bill Pursuant to HR 4-3(c) 3-6-0-0-02011-03-02 · House3 yes 6 no
Official activity
Bill history
- H Committee Returned Bill Pursuant to HR 4-3(c)House
- H Introduced and Referred to H07; No Report Prior to CoW CutoffHouse
- H Received for IntroductionHouse
- Bill Number AssignedLSO