Wyoming Statutes

§ 40-31-102 — Definitions

Wyoming·Title 40 Trade and Commerce·Ch. 31 WYOMING STABLE TOKEN ACT
(a)As used in this act:
(i)"Commission" means the Wyoming stable token commission created by W.S. 40-31-103;
(ii)"Board" means the board of the Wyoming stable token commission;
(iii)"Director" means the director of the Wyoming stable token commission;
(iv)"Financial institution" means any entity approved by the commission to act as a manager or otherwise to manage, operate and maintain Wyoming stable tokens;
(v)"Notional value" means face value;
(vi)"Token holder" means a person who lawfully owns any portion of a Wyoming stable token;
(vii)"Treasurer" means the state treasurer;
(viii)"Wyoming stable token" means the virtual currency issued by the commission pursuant to this act;
(ix)"Virtual currency" means as defined in W.S. 34- 29-101(a)(iv);
(x)"This act" means W.S. 40-31-101

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