Official record
Measure details
- Jurisdiction
- Wyoming
- Session
- 2026
- Chamber
- upper
- Classification
- bill
- Subjects
- Not supplied
- Introduced / first action
- 2025-12-11 22:26:56
Alternate titles
- AN ACT relating to corporations, partnerships and associations; authorizing decentralized unincorporated nonprofit associations to automatically convert to unincorporated nonprofit associations as specified; conforming language in the Wyoming Decentralized Unincorporated Nonprofit Association Act with the Wyoming Unincorporated Nonprofit Association Act; requiring assets of decentralized unincorporated nonprofit associations to be distributed as required by federal law when winding up a decentralized unincorporated nonprofit association; clarifying references to decentralized unincorporated nonprofit associations; amending definitions; repealing obsolete provisions; making conforming amendments; and providing for an effective date.
Source-supplied abstracts
This act amends the Wyoming Decentralized Nonprofit Association (DUNA) Act by amending, creating, and clarifying definitions, including changing references from "nonprofit association" or "association" to "DUNA", moving the definition of charitable purpose, and adding a definition of "distributed ledger protocol". This act aligns language in the DUNA Act with the Wyoming Unincorporated Nonprofit Association (UNA) Act. This act authorizes DUNAs to automatically convert to UNAs if the membership in the DUNA falls below one hundred (100) members, unless otherwise specified in the DUNA's governing principles. This act requires assets of DUNAs to be distributed according to federal law when winding up the DUNA.
AN ACT relating to corporations, partnerships and associations; authorizing decentralized unincorporated nonprofit associations to automatically convert to unincorporated nonprofit associations as specified; conforming language in the Wyoming Decentralized Unincorporated Nonprofit Association Act with the Wyoming Unincorporated Nonprofit Association Act; requiring assets of decentralized unincorporated nonprofit associations to be distributed as required by federal law when winding up a decentralized unincorporated nonprofit association; clarifying references to decentralized unincorporated nonprofit associations; amending definitions; repealing obsolete provisions; making conforming amendments; and providing for an effective date.
Sponsors
- Blockchain, Financial Technology and Digital Innovation Technology Select (primary), primary