(a) As used in this act:

(i) 'Commission' means the Wyoming stable token commission created by W.S. 40-31-103;

(ii) 'Board' means the board of the Wyoming stable token commission;

(iii) 'Director' means the director of the Wyoming stable token commission;

(iv) 'Financial institution' means any entity approved by the commission to act as a manager or otherwise to manage, operate and maintain Wyoming stable tokens;

(v) 'Notional value' means face value;

(vi) 'Token holder' means a person who lawfully owns any portion of a Wyoming stable token;

(vii) 'Treasurer' means the state treasurer;

(viii) 'Wyoming stable token' means the virtual currency issued by the commission pursuant to this act;

(ix) 'Virtual currency' means as defined in W.S. 34-29-101(a)(iv);

(x) 'This act' means W.S. 40-31-101 through 40-31-110.