Establishes the Decentralized Unincorporated Nonprofit Association Act in West Virginia.
The Decentralized Unincorporated Nonprofit Association Act creates a legal framework for unincorporated nonprofit associations in West Virginia. It defines a decentralized unincorporated nonprofit association as an entity with at least 100 members, formed for a common nonprofit purpose, and governed by this act. The act outlines the association's perpetual existence, dissolution methods, and governance through distributed ledger technology.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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