Alabama Governor Signs SB 277 Bill to Create Legal Framework for DAOs

MarsBitNews · 2026-04-02T09:36:04+00:00

Mars Finance News: The Governor of Alabama has signed SB 277 into law, creating a legal framework for nonprofit entities similar to DAOs. Alabama becomes the second state in the U.S. to establish a legal framework for entities like DAOs. The bill stipulates that members of a DAO are generally not personally liable for its collective activities.

MarsBitNews

2026-04-02 09:36:04

Mars Finance news: The governor of the U.S. state of Alabama has signed the SB 277 bill, creating a legal framework for nonprofit entities similar to a DAO. Alabama has become the second U.S. state to establish a legal framework for entities similar to a DAO. The bill provides that DAO members generally do not bear personal responsibility for their collective actions.

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