Wyo. Stat. § 40-31-103

Current through the 2024 Budget Session
Section 40-31-103 - Wyoming stable token commission
(a) There is created the Wyoming stable token commission, which is a body politic and corporate operating as an instrumentality of the state of Wyoming, with authority to adopt an official seal and to sue and be sued.
(b) The commission shall be governed by a board composed of:
(i) The governor or the governor's designee;
(ii) The auditor or the auditor's designee;
(iii) The treasurer or the treasurer's designee;
(iv) Not more than four (4) subject matter experts in virtual currency and financial technology appointed by a majority vote of the members of the board designated in paragraphs (i) through (iii) of this subsection, and serving at the discretion of those members. Only subject matter experts who are free from conflict of interest in performing the duties of the board shall be appointed to, or serve on, the board. Each subject matter expert shall be required to furnish fingerprints for submission to the federal bureau of investigation or any governmental agency or entity authorized to receive fingerprints for a state, national and international criminal history background check.
(c) Members of the board appointed pursuant to paragraph (b)(iv) of this section shall receive the same per diem, expenses and travel allowance as members of the legislature under W.S. 28-5-101 while in attendance at meetings of the board and while performing their duties as members of the board.
(d) The commission is subject to the requirements of:
(i)W.S. 16-3-101 through 16-3-105;
(ii)W.S. 16-4-201 through 16-4-205;
(iii)W.S. 16-4-401 through 16-4-408.

W.S. 40-31-103

Added by Laws 2023, ch. 185,§ 1, eff. 3/17/2023.