Bill Summary

SB 882 Decentralized Autonomous Organizations (2024 Session)
Decentralized Autonomous Organizations; Authorizing a decentralized autonomous organization (DAO) to incorporate as a corporation or organize as a limited liability company if certain conditions are met; providing that a DAO member, participant, smart contract, algorithm, or wallet is not liable for actions, decisions, or liabilities of the DAO; authorizing DAOs to raise unlimited amounts of capital, subject to certain limitations and requirements, etc. Effective Date: 7/1/2024
12/12/23
SENATE
Filed
01/04/24
SENATE
Referred to Banking and Insurance; Commerce and Tourism; Fiscal Policy
03/08/24
SENATE
Died in Banking and Insurance
0882
Filed on 12/12/23
PDF
No amendments to this bill text filed.
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