(a) As used in this act:

(i) 'Articles of formation' means the articles required by W.S. 17-30-303, including any amendments thereto and restatements thereof;

(ii) 'Beneficiary' means a person who is or may be designated as a beneficiary in the operating agreement or in accordance with the operating agreement of a statutory foundation. A 'beneficiary' may be any one (1) or more of the following:

(A) A person who has a present or future, vested or contingent interest in the statutory foundation;

(B) If permitted under the terms in the operating agreement, a person designated as a beneficiary of the statutory foundation by the board of directors, at the discretion of the board of directors;

(C) Repealed by Laws 2021, ch. 98, § 2.

(iii) 'Certificate of existence' means the certificate issued to a statutory foundation under W.S. 17-30-308;

(iv) 'Certificate of registration' means the certificate of registration of a foreign foundation required under W.S. 17-30-1101;

(v) 'Charitable purpose' means the relief of poverty, the advancement of education or religion, the promotion of a health, governmental, municipal or other purpose, the achievement of which is beneficial to the community;

(vi) 'Contributor' means any person, excluding a founder, who contributes property to a statutory foundation;

(vii) 'Court' means the district court of the county where a statutory foundation has its registered office or another court of competent jurisdiction which is the most appropriate forum in the circumstances;

(viii) 'Financial institution' means a bank, savings and loan association or state chartered credit union;

(ix) 'Foreign foundation' means an entity formed under the law of a foreign jurisdiction as a statutory foundation, pursuant to the law of the foreign jurisdiction, or which appears to the secretary of state to possess characteristics sufficiently similar to those of a statutory foundation organized under this act;

(x) 'Founder' or 'organizer' means one (1) or more persons that acts under W.S. 17-30-303 to form a statutory foundation. The organizer acts on behalf of the founder in forming the statutory foundation and may but not need be one (1) of the founders;

(xi) 'Insolvency law' means title 11, United States Code or successor federal statutes of general application;

(xii) 'Operating agreement' means the written agreement, whether or not designated as an operating agreement, of a founder or board of directors of a statutory foundation concerning the matters described in W.S. 17-30-309, including any amendments thereto and restatements thereof;

(xiii) 'Person' means as defined in W.S. 8-1-102(a)(vi);

(xiv) Repealed by Laws 2021, ch. 98, § 2.

(xv) 'Principal office' means the principal executive office of a statutory foundation or a foreign foundation, whether or not the office is located in this state;

(xvi) 'Protector' means the person designated as a protector of a statutory foundation under W.S. 17-30-503;

(xvii) 'Record' means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form;

(xviii) 'Registered agent' means a person appointed as a registered agent under W.S. 17-28-101 through 17-28-111;

(xix) 'Sign' or 'signature' shall include any manual, facsimile, conformed or electronic signature;

(xx) 'State' means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands or any territory or insular possession subject to the jurisdiction of the United States;

(xxi) 'Statutory foundation' means an entity formed or continued under this act;

(xxii) 'This act' means W.S. 17-30-101 through 17-30-1102.