{"data":{"id":"us-wy/wyo.-stat.-17-31-102","jurisdiction":"us-wy","citation":"Wyo. Stat. § 17-31-102","heading":"Definitions.","body":"(a) As used in this chapter:\n(i) \"Blockchain\" means as defined in W.S. 34-29-106(g)(i);\n(ii) \"Decentralized autonomous organization\" means a limited liability company organized under this chapter;\n(iii) \"Digital asset\" means as defined in W.S. 34-29-101(a)(i);\n(iv) Repealed by Laws 2022, ch. 36, § 2.\n(v) \"Majority of the members\" means more than fifty percent (50%) of the membership interests eligible to participate in a vote or any membership interests required pursuant to the decentralized autonomous organization's articles of organization or operating agreement. A person dissociated as a member as set forth in W.S. 17-29-602 shall not be included for the purposes of calculating the majority of the members;\n(vi) \"Membership interest\" means a member's ownership right in a decentralized autonomous organization, which may be determined by the organization's articles of organization or operating agreement or ascertainable from a blockchain on which the organization relies to determine a member's ownership right. A membership interest may also be characterized as either a digital security or a digital consumer asset as defined in W.S. 34-29-101, if designated as such in the organization's articles of organization or operating agreement;\n(vii) \"Open blockchain\" means a blockchain as defined in W.S. 34-29-106(g)(i) that is publicly accessible and its ledger of transactions is transparent;\n(viii) Repealed by Laws 2022, ch. 36, § 2.\n(ix) \"Smart contract\" means an automated transaction, as defined in W.S. 40-21-102(a)(ii), or any substantially similar analogue, or code, script or programming language relying on a blockchain which may include taking custody of and transferring an asset, administrating membership interest votes with respect to a decentralized autonomous organization or issuing executable instructions for these actions, based on the occurrence or nonoccurrence of specified conditions;\n(x) \"Publicly available identifier\" means an address that is available publicly and that identifies a smart contract and may include a uniform resource locator, contract address or other similar reference.","path":["TITLE 17 - CORPORATIONS, PARTNERSHIPS AND ASSOCIATIONS","CHAPTER 31 - DECENTRALIZED AUTONOMOUS ORGANIZATION SUPPLEMENT","ARTICLE 1 - PROVISIONS"],"source_url":"https://wyoleg.gov/statutes/compress/title17.pdf","current_through":"2026 Budget Session; as of 2026-07-01","vintage":"","retrieved_at":"2026-09-04T00:16:32Z","sha256":"ce5880c88d6e239bf5808a526491124803ee0a29c9da18ee296f0d7bdd94666c","source_id":"us-wy","stale":false,"prev":"us-wy/wyo.-stat.-17-31-101","next":"us-wy/wyo.-stat.-17-31-103"},"notice":"GroundRules: Original legal text. Not legal advice."}