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Can you summarize WYST 6-3-703?
CHECK FRAUD > Prima facie evidence of intent that check not to be paid; evidence of knowledge of account balance
Short Summary
This provision, found in the Wyoming Statutes under the section for offenses against property, specifically addresses check fraud. It establishes prima facie evidence of intent that a person issuing a check or other order for the payment of money did not intend for it to be paid. There are three circumstances that serve as prima facie evidence of such intent: (i) the person did not have an account with the drawee at the time of issuance, (ii) the person did not have sufficient funds with the drawee at the time of issuance and failed to pay the check or order within five days of receiving notice of nonpayment or dishonor, or (iii) when presentment was made in a reasonable time, the issuer did not have sufficient funds with the drawee and failed to pay the check or order within five days of receiving notice of nonpayment or dishonor. Additionally, the provision states that proof of the drawer opening an account with the drawee on a certain date is considered evidence of the drawer’s knowledge of the account balance on that date.
Whom does it apply to?
Individuals who issue checks or other orders for the payment of money
What does it govern?
Intent of non-payment for checks or other orders for the payment of money
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Not specified.
Jurisdiction
Wyoming