Unincorporated nonprofit associations; decentralized associations provided for

HB 483 creates a new legal structure for "decentralized unincorporated nonprofit associations" in Alabama, allowing nonprofits to operate using blockchain technology and smart contracts for governance. It permits these associations to own property, engage in profit-making activities (with profits directed toward their nonprofit purpose), and pay reasonable compensation to members or administrators. The bill establishes rules for member voting rights, administrative duties, and dissolution procedures, while requiring all activities to align with a nonprofit purpose that doesn’t distribute profits to members. This directly affects nonprofits seeking to use digital tools for governance, such as those managing community networks or digital platforms under a shared nonprofit mission.