Wyoming Statutes

§ 40-31-107 — Redemption

Wyoming § 40-31-107
JurisdictionWyoming
Title 40Trade and Commerce
Ch. 31WYOMING STABLE TOKEN ACT

This text of Wyoming § 40-31-107 (Redemption) is published on Counsel Stack Legal Research, covering Wyoming primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Wyo. Stat. Ann. § 40-31-107 (2026).

Text

One (1) Wyoming stable token shall be redeemable for one (1) United States dollar upon demand as set forth by rule of the commission. The value of the Wyoming stable token upon redemption shall be one (1) United States dollar for each one

(1)Wyoming stable token, unless the interest rate of United States treasury bills at the time of redemption is negative or the total assets available in the Wyoming stable token trust account divided by the number of outstanding Wyoming stable tokens is less than one (1) dollar, in which case the value of the Wyoming stable token upon redemption shall be the liquidated value of the United States treasury bill redeemed to pay the demand for the Wyoming stable token as determined by rule of the commission. In no case shall the redemption result in the stat

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Bluebook (online)
Wyoming § 40-31-107, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/31/40-31-107.