Corporate stock-certificate tokens.

HB 185 allows Wyoming corporations to issue digital "certificate tokens" instead of physical stock certificates. It directly affects corporations issuing shares and their shareholders, enabling electronic representation of ownership stored on secure databases or blockchain systems. Key provisions define "certificate tokens" to satisfy legal requirements for share certificates, permit electronic transfer using "network signatures" (digital authorization), and specify that tokens must contain standard share information. The bill updates Wyoming law to treat these digital tokens as legally equivalent to physical certificates for all purposes, including transfers and corporate records. It became effective July 1, 2019.