Membership interests for decentralized autonomous organizations; voting

W.S. § 17-31-111 — under Chapter 31 — Decentralized Autonomous Organization Supplement.

W.S. § 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)