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(iii)Repealed by Laws 2022, ch. 36, § 2.
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Nearby Sections
15
§ 17-31-101
Short title§ 17-31-102
Definitions§ 17-31-105
Formation§ 17-31-106
Articles of organization§ 17-31-108
Operating agreement§ 17-31-109
Management§ 17-31-110
Standards of conduct for members§ 17-31-113
Membership and withdrawal of members§ 17-31-114
Dissolution§ 17-31-115
Miscellaneous