Real and personal property; decentralized unincorporated nonprofit association as beneficiary, legatee or devisee
Known as the Wyoming Decentralized Unincorporated Nonprofit Association Act
The act spans §§ 17-32-101 to 17-32-129 (28 sections).
(a) A decentralized unincorporated nonprofit association in its name may acquire, hold, encumber or transfer an estate or interest in real or personal property.
(b) A decentralized unincorporated nonprofit association may be a legatee, devisee or beneficiary of a trust or contract.
Official source: Wyoming Legislature. Reproduced from public-domain Wyoming statutes; confirm against the official source for the current text. Not legal advice.