Wyoming Statutes

§ 40-31-109 — Limitations on liability

Wyoming § 40-31-109
JurisdictionWyoming
Title 40Trade and Commerce
Ch. 31WYOMING STABLE TOKEN ACT

This text of Wyoming § 40-31-109 (Limitations on liability) 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. § 40-31-109 (2026).

Text

(a)The state shall not be liable to any person for any amount beyond the notional value of the fund maintained in the Wyoming stable token trust account. Any Wyoming stable tokens issued under this act are payable and collectable solely out of the Wyoming stable token trust account. Token holders shall not look to any general or other state fund for redemption of any Wyoming stable tokens. The Wyoming stable tokens shall not constitute any indebtedness or a debt within the meaning of any constitutional or statutory provision or limitation. The tokens shall not be considered or held to be general obligations of the state but shall constitute special obligations of the state and the commission shall not pledge the state's full faith and credit for redemption of any Wyoming stable token.
(b)

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Bluebook (online)
Wyoming § 40-31-109, Counsel Stack Legal Research, https://law.counselstack.com/statute/wy/31/40-31-109.