Sponsor Inquiry - Representative Toman

A BILL for an Act to create and enact a new section to chapter 10-04 of the North Dakota Century Code, relating to the exemption of an open blockchain token from specified securities transactions and dealings; and to amend and reenact section 10-04-02, subsection 19 of section 13-09-02, and section 13-09-03 of the North Dakota Century Code, relating to the definitions of an open blockchain token and virtual currency and excluding an open blockchain token and virtual currency from specified money transmission requirements.

AN ACT to create and enact subsection 16 to section 9-16-01, section 9-16-19, a new section to chapter 10-19.1, and section 10-32.1-102 of the North Dakota Century Code, relating to electronic transaction definitions, blockchain technology and smart contracts, number of shareholders, and series limited liability companies; to amend and reenact sections 9-16-02, 10-06.1-17, 10-19.1-01, and 10-19.1-01.2, subsection 6 of section 10-19.1-66, subsection 1 of section 10-19.1-73.3, sections 10-19.1-76.3 and 10-19.1-81, subsections 1, 2, and 11 of section 10-19.1-84, subsection 1 of section 10-19.1-110, subsection 2 of section 10-19.1-146, and subsection 2 of section 10-35-28 of the North Dakota Century Code, relating to electronic transactions, filing of an annual report by corporations engaged in farming or ranching, Business Corporation Act definitions, knowledge and notice, share certificates, corporate voting list and voting trusts, acceptance of shareholder act by the corporation, corporate records, corporate dissolution procedure, and the filing of an annual report by a publicly traded corporation; and to provide an effective date.

AN ACT to create and enact a new section to chapter 54-59 of the North Dakota Century Code, relating to the use of distributed ledger technologies and a pilot program.

A BILL for an Act to amend and reenact subsection 8 of section 9-16-01 of the North Dakota Century Code, relating to signatures secured through distributed ledger technology.

A BILL for an Act to create and enact a new section to chapter 54-03 of the North Dakota Century Code, relating to limitations on the introduction of legislative bills prepared by executive branch agencies and the judicial branch.

A BILL for an Act to create and enact a new section to chapter 49-02 of the North Dakota Century Code, relating to competition between the government and private industry and to require a report to the legislative management.

A concurrent resolution requesting the Legislative Management to study the potential benefit value of blockchain technology implementation and utilization in state government administration and affairs.