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Glossary of Legislative Terms

SB 882: Decentralized Autonomous Organizations

GENERAL BILL by Brodeur

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
 Last Action: 3/8/2024 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Commerce and Tourism (CM)
  3. Fiscal Policy (FP)

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  • Bill History

    Date Chamber Action
    12/12/2023 Senate • Filed
    1/4/2024 Senate • Referred to Banking and Insurance; Commerce and Tourism; Fiscal Policy
    1/9/2024 Senate • Introduced
    3/8/2024 Senate • Died in Banking and Insurance

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  • SB 882, Original Filed Version (Current Bill Version) Posted 12/12/2023 at 2:36 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Citations - Statutes (5)

    Citation Catchline Location in Bill Location In Bill Help
    607.71 Page 1 (pdf)
    607.72 Page 2 (pdf)
    607.73 Page 2 (pdf)
    607.74 Page 2 (pdf)
    607.75 Page 3 (pdf)

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