Update arc-0040.md

ARCs/arc-0040.md

@@ -209,12 +209,9 @@ Validation conditions for verified NFT Collections:
   - Asset Set metadata JSON **MUST** include the Contributor Asset ID
   - Contributor Address **MUST** hold the Contributor Asset
 
-THIS SECTION NEEDS TO BE UPDATED  
 Validation conditions for unverified Asset Groups:
 - Asset Set metadata JSON **MUST** include the parameter/value: `"asset_type" : "group"`
-- Asset Set metadata JSON **MAY** include the Contributor Asset ID
-- Contributor Address **MAY** hold the Contributor Asset  
-THIS SECTION NEEDS TO BE UPDATED  
+  - No validation is required
 
 
 ## Rationale
@@ -311,9 +308,9 @@ Alternate names for "Asset Set" were considered:
 By specifying a suffix to be appended to each Asset Type instance, the ASA can more obviously self identify its purpose.
 
 Potential Asset Set instance naming options:**
-- Asset Set name `set_name` [collection]
-- Asset Set name `set_name` [group]
-- Asset Set name `set_name` [set]
+- Asset Set name [collection]
+- Asset Set name [group]
+- Asset Set name [set]
 
 Potential Contributor Asset instance naming options:**
 - Contributor Asset Name [contributor]