{"data":{"id":"us-wy/wyo.-stat.-17-31-113","jurisdiction":"us-wy","citation":"Wyo. Stat. § 17-31-113","heading":"Membership and withdrawal of members.","body":"(a) Except as specified in subsection (d) of this section, a member may only withdraw from a decentralized autonomous organization in accordance with the terms set forth in the articles of organization, the smart contracts or the operating agreement.\n(b) A member of a decentralized autonomous organization may not have the organization dissolved for a failure to return the members' contribution to capital.\n(c) Unless the organization's articles of organization, smart contracts or operating agreement provide otherwise, a withdrawn member forfeits all membership interests in the decentralized autonomous organization, including any governance or economic rights.\n(d) Where the articles of organization, operating agreement and smart contracts for a decentralized autonomous organization do not specify the manner by which a person:\n(i) Becomes a member of a decentralized autonomous organization, a person shall be considered a member if the person purchases or otherwise assumes a right of ownership of a membership interest or other property that confers upon the person a voting or economic right within the decentralized autonomous organization;\n(ii) Withdraws membership from a decentralized autonomous organization, the person shall cease to be a member if the person transfers, sells or alienates all membership interests or other property that confers upon the person a voting or economic right within the decentralized autonomous organization and retains no further right of ownership therein.","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":"cac647e5b68bb3b5724dc4c67f8995e9423aa240cfcceb31ce081d0ecf165d3e","source_id":"us-wy","stale":false,"prev":"us-wy/wyo.-stat.-17-31-112","next":"us-wy/wyo.-stat.-17-31-114"},"notice":"GroundRules: Original legal text. Not legal advice."}