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Lexis Nexis 
Wyoming Legislature Embraces Digital Assets with New Entity
and Banking Services in 2024
By Eric Geringswald | CSC
The 2024 Wyoming legislative session brought significant advancements in the realm of digital assets and blockchain technology. Key legislative changes include the creation of decentralized unincorporated nonprofit associations (DUNAs) and allowing banks to provide custodial services for digital assets.
Innovative Legislation for Digital Asset Management
Wyoming continues to lead in blockchain and digital asset innovation. The creation of DUNAs, a nonprofit version of Wyoming’s decentralized autonomous organization (DAO), represents a pioneering step in this direction. Additionally, the new legislation permits banks to offer custodial services for digital assets, providing a secure and regulated environment for these emerging financial instruments.
Comprehensive Legal Resource for Wyoming Business Entities
The 2024 edition of Wyoming Laws Governing Business Entities Annotated captures these and other legislative changes. This essential resource includes the full text of Title 17—Corporations, Partnerships, and Associations, along with selected sections related to business entity law. The book also features the Uniform Rules and Rules for Civil Procedure for Wyoming’s Chancery Court, as well as the Wyoming State Chancery Court Electronic Filing Administrative Policies and Procedures Manual.
Annotated Statutes and Practical Legal Tools
Wyoming Laws Governing Business Entities Annotated is fully annotated with the latest case notes from state and federal courts interpreting the law. It includes five full-text cases illustrating recent legal developments concerning derivative actions, prejudgment interest in arbitration, bankruptcy of LLCs, and jurisdiction of the Chancery Court. Legal professionals will find the comprehensive annotations and practical tools invaluable for their practice.
Readers also gain online access to more than 60 Wyoming forms for incorporation/formation, qualification, mergers, dissolution, and name reservation via the LexisNexis® Store download center. A forms appendix provides a listing of forms and contact information for Wyoming.
Accessible Formats for Legal Professionals
Wyoming Laws Governing Business Entities Annotated is available as a softbound book or as an eBook, compatible with dedicated eReader devices, computers, tablets, and smartphones. It is also accessible on the LexisNexis Digital Library, ensuring that legal professionals can access the information they need in the format that best suits their needs.
To learn more or to purchase the 2024 Edition of Wyoming Laws Governing Business Entities Annotated, call 1.800.533.1637 or visit the LexisNexis website. .