WY · SERVICE-AGMT · Updated July 2026 · Free
Wyoming Service Agreement
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Wyoming at a glance: Default Interest: 7% per year (Wyo. Stat. § 40-14-106) · Governing Law: Wyoming Statutes Title 40
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Overview
Service Agreements in Wyoming
Wyoming service agreements are governed by Title 40 of the Wyoming Statutes. Late fees must comply with the 7% statutory cap unless written (Wyo. Stat. § 40-14-106).
Key Facts
Wyoming Service Agreement — Quick Reference
| Requirement | Wyoming Rule |
|---|---|
| Default Interest | 7% per year (Wyo. Stat. § 40-14-106) |
| Governing Law | Wyoming Statutes Title 40 |
Legal Requirements
Wyoming Legal Requirements
- Late fees exceeding 7% per year must be in writing to be enforceable.
Governing Laws
Wyoming Governing Laws
Read the full text of these laws at Cornell Law School's Wyoming legal resources or your state legislature's official website.
Questions & Answers
Wyoming Service Agreement — Frequently Asked Questions
What is the default contract interest rate in Wyoming?
The default rate is 7% per annum.