BillTrack50 logo
Free Signup Login
Bill

Bill > SF0038

WY SF0038

WY SF0038
Decentralized autonomous organizations.

summary

Introduced
01/12/2021
In Committee
03/24/2021
Crossed Over
03/17/2021
Passed
04/02/2021
Dead
Signed/Enacted/Adopted
04/21/2021

Introduced Session

2021 Regular Session

Bill Summary

AN ACT relating to corporations; providing for the formation and management of decentralized autonomous organizations; providing definitions; and providing for an effective date.

AI Summary

This bill creates a new chapter in Wyoming law to provide for the formation and management of decentralized autonomous organizations (DAOs). A DAO is a limited liability company organized under this new chapter, which may have one or more members. The bill defines key terms such as "blockchain," "digital asset," and "smart contract," and outlines the requirements for forming a DAO, including filing articles of organization and maintaining a registered agent. The bill also addresses the management, governance, and dissolution of DAOs, as well as the rights and duties of DAO members. The bill aims to provide a legal framework for the establishment and operation of these decentralized, blockchain-based organizations in Wyoming.

Committee Categories

Business and Industry, Government Affairs

Sponsors (0)

No sponsors listed

Other Sponsors (1)

Blockchain, Financial Technology and Digital Innovation Technology (Other)

Last Action

Assigned Chapter Number 162 (on 04/21/2021)

bill text

bill summary

Loading...

bill summary

Loading...

bill summary

Document Type Source Location Created
State Bill Page https://www.wyoleg.gov/Legislation/2021/SF0038 01/08/2021
Analysis - Summary as Passed https://www.wyoleg.gov/2021/Summaries/SF0038.pdf 04/27/2021
Senate Committee Amendment SF0038JC001 https://wyoleg.gov/2021/Amends/SF0038JC001.pdf 04/08/2021
BillText https://www.wyoleg.gov/2021/Enroll/SF0038.pdf 04/08/2021
House Floor Amendment SF0038H3001 https://wyoleg.gov/2021/Amends/SF0038H3001.pdf 04/03/2021
House Floor Amendment SF0038H2003 https://wyoleg.gov/2021/Amends/SF0038H2003.pdf 04/03/2021
House Floor Amendment SF0038H2002 https://wyoleg.gov/2021/Amends/SF0038H2002.pdf 04/03/2021
House Floor Amendment SF0038H3002 https://wyoleg.gov/2021/Amends/SF0038H3002.pdf 04/03/2021
House Floor Amendment SF0038H2001 https://wyoleg.gov/2021/Amends/SF0038H2001.pdf 04/03/2021
BillText https://www.wyoleg.gov/2021/Engross/SF0038.pdf 03/18/2021
Senate Committee Amendment SF0038SS001 https://wyoleg.gov/2021/Amends/SF0038SS001.pdf 03/10/2021
BillText https://www.wyoleg.gov/2021/Introduced/SF0038.pdf 01/08/2021
Fiscal Note https://www.wyoleg.gov/2021/Fiscal/SF0038.pdf 01/08/2021
Loading...