HB4518 — Relating to the formation of decentralized unincorporated nonprofit associations and the use of distributed ledger or blockchain technology for certain business purposes; authorizing fees.

HB4518 — Relating to the formation of decentralized unincorporated nonprofit associations and the use of distributed ledger or blockchain technology for certain business purposes; authorizing fees. · Informed CitizenryThe bill amends Title 6 of the Business Organizations Code by adding Chapter 253 to establish rules for "Decentralized Unincorporated Nonprofit Associations." These associations are defined as unin…Open in Informed Citizenry