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Section 17-31-111 - Membership Interests for Decentralized Autonomous Organizations; Voting — Wyoming Law | CourtGPT
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  7. Section 17-31-111 - Membership Interests for Decentralized Autonomous Organizations; Voting
Wyoming Legal Code

Section 17-31-111 - Membership Interests for Decentralized Autonomous Organizations; Voting

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17-31-111. Membership interests for decentralized autonomous organizations; voting. (a) For purposes of W.S. 17-31-113 and 17-31-114 and unless otherwise provided for in the articles of organization, smart contract or operating agreement: (i) Membership interests in a decentralized autonomous organization shall be calculated by dividing a member's contribution of digital assets to the organization by the total amount of digital assets contributed to the organization at the time of a vote; or (ii) If all members have not contributed digital assets to an organization as a prerequisite to becoming a member, each member shall possess one (1) membership interest and be entitled to one (1) vote; (iii) Repealed by Laws 2022, ch. 36, 2.