Relating to Decentralized Unincorporated Nonprofit Associations

Summary

HB 5060 creates the Decentralized Unincorporated Nonprofit Association Act, allowing groups of at least 100 members to be recognized as nonprofit entities without filing as corporations. It sets rules for governance, profit use, property ownership, liability, record access, and dissolution, and gives the Secretary of State rulemaking authority. The bill aims to give emerging digital‑based nonprofit groups clear legal status.

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