Utah Code § 48-5-404: Restructuring.
Where this section sits in the code
- Title 48 Unincorporated Business Entity Act
- Chapter 48-5 Decentralized Autonomous Organization Act
- Part 48-5-4 Miscellaneous Provisions
(1) When a decentralized autonomous organization is restructured, whether through modification, upgrade, or migration, the decentralized autonomous organization's legal personality and limited liability is retained only to the extent that:
(a) the new software code of the decentralized autonomous organization fulfills all the formation requirements of Section 48-5-201; and
(b) where the decentralized autonomous organization has to be associated with a new unique public address, proper notice is provided by way of public signal.
(2) A decentralized autonomous organization that is restructured in compliance with Subsection (1) inherits the rights and obligations of the original decentralized autonomous organization as a successor.
Collected 2026-09-03T11:34:33Z. Source file · JSON