Loading chat...

WY SF0022

Bill

Status

Passed

3/3/2026

Primary Sponsor

Blockchain, Financial Technology and Digital Innovation Technology

Click for details

Origin

Senate

2026 Budget Session

AI Summary

  • Decentralized unincorporated nonprofit associations that fall below 100 members automatically convert to Wyoming unincorporated nonprofit associations if they meet standard requirements, unless governing principles specify otherwise

  • Assets of decentralized unincorporated nonprofit associations must be distributed as required by federal law when winding up, in addition to existing state law requirements

  • Adds definition of "distributed ledger protocol" as executable software deployed to a distributed ledger including smart contracts

  • Clarifies liability protections by changing "merely" to "solely" throughout statutes governing member and administrator liability for contracts and torts

  • Repeals obsolete provision W.S. 17-32-102(a)(ii) and takes effect July 1, 2026

Legislative Description

Unincorporated nonprofit associations-amendments.

Last Action

Assigned Chapter Number 25

3/3/2026

Committee Referrals

Minerals, Business & Economic Development2/9/2026

Full Bill Text

No bill text available