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Lawyers, advocates ask committee to clarify DUNA rules as first projects move to implementation
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Summary
Working-group members and projects implementing Wyoming’s Decentralized Unincorporated Nonprofit Association (DUNA) statute urged the committee to clarify conversion rules, registration and practical onboarding steps for founders and service providers.
Legal advisers and project leads told the select committee that Wyoming’s new DUNA statute is usable but needs small statutory clarifications to help founders and service providers move projects from concept to operation.
Matt Kaufman, a working-group participant who has helped draft DUNA language, told the committee that conversion and onboarding questions are the most frequent issues in practice. “My sense is that we saw … some assumptions that a new DUNA could start as an UNA and then pivot,” Kaufman said, and he recommended the committee consider explicit conversion language so organizations know how to bootstrap membership and governance.
Why it matters: A clear and predictable entity pathway helps projects form, open bank accounts, secure insurance and interact with vendors. Unclear rules can deter projects or push them offshore.
What advocates said: David Kerr, a practitioner who worked on the DUNA rollout, asked the committee for a short list of focused fixes rather than a full rewrite. He circulated a comprehensive list of suggested technical corrections and told lawmakers he would narrow it to “the most important” items if the committee wanted a concise revision package.
Public commenters and blockchain practitioners also urged the committee to consider how DUNAs should appear to financial institutions and commercial registered agents so that banks, insurers and counterparties can perform compliance checks without requiring founders to reveal unnecessary personal data.
Council action: Committee members agreed to form a small working group (members and staff to be named) to refine statutory language and propose a short set of amendments for consideration at the committee’s next meeting.
Ending: The working group will draft targeted clarifying language on conversion, registered-agent expectations and a small set of technical fixes; committee staff will circulate proposed language prior to the next meeting.
