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.
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