Wyoming § 17-32-121 Utilization of distributed ledger technology

Wyoming Statutes

§ 17-32-121 — Utilization of distributed ledger technology

Wyoming § 17-32-121

Title 17Corporations, Partnerships and Associations

Ch. 32WYOMING DECENTRALIZED UNINCORPORATED NONPROFIT

This text of Wyoming § 17-32-121 (Utilization of distributed ledger technology) 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. § 17-32-121 (2026).

Text

(a)A decentralized unincorporated nonprofit association may provide for its governance, in whole or in part, through distributed ledger technology, including smart contracts.

(b)The governing principles for a decentralized unincorporated nonprofit association may:

(i)Specify whether any distributed ledger technology utilized or enabled by the decentralized unincorporated nonprofit association will be fully immutable or subject to change by the nonprofit association and whether any distributed ledger will be fully or partially public or private, including the extent of a member's access to information;

(ii)Adopt voting procedures, which may include smart contracts deployed to distributed ledger technology that provide for the following:

(A)Proposals from members or administrators in th

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(a) A decentralized unincorporated nonprofit association
may provide for its governance, in whole or in part, through
distributed ledger technology, including smart contracts.
(b) The governing principles for a decentralized
unincorporated nonprofit association may:
(i) Specify whether any distributed ledger technology
utilized or enabled by the decentralized unincorporated
nonprofit association will be fully immutable or subject to
change by the nonprofit association and whether any distributed
ledger will be fully or partially public or private, including
the extent of a member's access to information;
(ii) Adopt voting procedures, which may include smart
contracts deployed to distributed ledger technology that provide
for the following:
(A) Proposals from members or administrators in
the decentralized unincorporated nonprofit association for
upgrades, modifications or additions to software systems or
protocols;
(B) Other proposed changes to the decentralized
unincorporated nonprofit association's governing principles; and
(C) Any other matters of governance or
activities within the purpose of the decentralized
unincorporated nonprofit association.