Unincorporated nonprofit associations; decentralized associations provided for

Became law

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Where it is in the process

Plain-English Summary

This bill creates a new type of organization called a "decentralized unincorporated nonprofit association" (DUNA). DUNAs can use technology like blockchain and smart contracts for their operations and governance. The bill outlines how DUNAs can be formed, managed, dissolved, and defines the responsibilities and liabilities of their members and administrators.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

Votes

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