This act shall be known and may be cited as the "Wyoming Stable Token Act." 40-31-102. Definitions.
(a) As used in this act:
(i) "Commission" means the Wyoming stable token commission created by W.S. 40-31-103;
(ii) "Board" means the board of the Wyoming stable token commission;
(iii) "Director" means the director of the Wyoming stable token commission;
(iv) "Financial institution" means any entity approved by the commission to act as a manager or otherwise to manage, operate and maintain Wyoming stable tokens;
(v) "Notional value" means face value;
(vi) "Token holder" means a person who lawfully owns any portion of a Wyoming stable token;
(vii) "Treasurer" means the state treasurer;
(viii) "Wyoming stable token" means the virtual currency issued by the commission pursuant to this act;
(ix) "Virtual currency" means as defined in W.S. 34- 29-101(a)(iv);
(x) "This act" means W.S. 40-31-101 through 40-31- 110.