Wyoming Statutes

§ 17-31-111 — Membership interests for decentralized autonomous organizations; voting

Wyoming·Title 17 Corporations, Partnerships and Associations·Ch. 31 DECENTRALIZED AUTONOMOUS ORGANIZATION SUPPLEMENT·Art. 1 PROVISIONS
(a)For purposes of W.S. 17-31-113 and 17-31-114 and unless otherwise provided for in the articles of organization, smart contract or operating agreement:
(i)Membership interests in a decentralized autonomous organization shall be calculated by dividing a member's contribution of digital assets to the organization by the total amount of digital assets contributed to the organization at the time of a vote; or
(ii)If all members have not contributed digital assets to an organization as a prerequisite to becoming a member, each member shall possess one (1) membership interest and be entitled to one (1) vote;
(iii)Repealed by Laws 2022, ch. 36, § 2.

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