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Wyoming DAO LLC: sourced answers

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Legal form in a country

Which statute (act) establishes the legal form

SF0038, a supplement to its LLC Act (codified as W.S. 17-31-101…116)

«17-31-103. Application of Wyoming Limited Liability Company Act. (a) The Wyoming Limited Liability Company Act applies to decentralized autonomous organizations to the extent not inconsistent with the provisions of this chapter and the powers provided to the secretary of state by W.S. 17-29-1102 shall apply to this chapter. (b) This chapter does not repeal or modify any statute or rule of law that applies to a limited liability company that is organized under the Wyoming Limited Liability Company Act that does not elect to become a decentralized autonomous organization. 17-31-104. Definition and election of decentralized autonomous organization status. (a) A decentralized autonomous organization is a limited liability company whose articles of organization contain a statement that the company is a decentralized autonomous organization as described in subsection (c) of this section. (b) A limited liability company formed under the Wyoming Limited Liability Company Act, W.S. 17-29-101 through 17-29-1102, may convert to a decentralized autonomous organization by»

Source: wyoleg.gov · source copy as of 2026-10-03

«Section 1. W.S. 17-31-101 through 17-31-116 are created to read: CHAPTER 31 DECENTRALIZED AUTONOMOUS ORGANIZATION SUPPLEMENT ARTICLE 1 PROVISIONS 17-31-101. Short title. This chapter shall be known and may be cited as the "Wyoming Decentralized Autonomous Organization Supplement." 17-31-102. Definitions. (a) As used in this chapter: (i) "Blockchain" means as defined in W.S. 34-29-106(g)(i); (ii) "Decentralized autonomous organization" means a limited liability company organized under this chapter; (iii) "Digital asset" means as defined in W.S. 34-29-101(a)(i); 1 ORIGINAL SENATE ENGROSSED FILE NO. SF0038 ENROLLED ACT NO. 73, SENATE SIXTY-SIXTH LEGISLATURE OF THE STATE OF WYOMING 2021 GENERAL SESSION (iv) "Limited liability autonomous organization" or "LAO" means a decentralized autonomous organization; (v) "Majority of the members," means the approval of more»

Source: wyoleg.gov · source copy as of 2026-10-03

«Section 2. This act is effective July 1, 2021. (END) Speaker of the House President of the Senate Governor TIME APPROVED: _________ DATE APPROVED: _________ I hereby certify that»

Source: wyoleg.gov · source copy as of 2026-10-03

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