Wyoming Administrative Code
Agency 021 - Audit, Dept. of
Sub-Agency 0006 - Residential Mortgage Practices
Chapter 1 - GENERAL MATTERS AND DEFINITIONS
Section 1-5 - Rules of Construction

Universal Citation: WY Code of Rules 1-5

Current through September 21, 2024

(a) Unless the content clearly indicates otherwise, this Chapter applies to all Chapters.

(b) Unless the context clearly indicates otherwise, these Rules shall be construed as follows:

(i) Words and phrases shall be taken in their ordinary and usual use, but technical words and phrases having a peculiar and appropriate meaning in law or in the residential mortgage loan industry shall be understood according to their technical import.

(ii) Reference to "Wyoming Statutes" or the abbreviation "W.S." means the Wyoming Statutes as published from time to time and, pending reduction to published form and subject to applicable effective dates, all supplements, additions and other modifications enacted by the Legislature of the State of Wyoming. Reference to a named act or rule shall be treated correspondingly.

(iii) Words in the present tense include the future tense;

(iv) Words in the plural form include the singular and words in the singular form include the plural;

(v) Words expressed using one gender include the other genders;

(vi) Use of the term includes or including means that the list of items is not exhaustive but instead is illustrative.

(vii) If any provision of the Act or these Rules or its application to any person or circumstance is held invalid, the invalidity does not affect other provisions or applications of the Act or Rules which can be given effect without the invalid provision or application, and to this end the provisions are severable.

Disclaimer: These regulations may not be the most recent version. Wyoming may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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