{"data":{"id":"us-ut/utah-code-16-22-405","jurisdiction":"us-ut","citation":"Utah Code § 16-22-405","heading":"Failure event.","body":"(1) In the case of a failure event, legal personality and limited liability are maintained to the extent necessary to protect decentralized autonomous organization members and participants from personal liability.\n(2) A failure event may trigger liability on the person deploying or upgrading the decentralized autonomous organization if that person:\n(a) acted in bad faith; or\n(b) engaged in gross negligence.","path":["Title 16 Business Entities","Chapter 16-22 Decentralized Autonomous Organization Act","Part 16-22-4 Miscellaneous Provisions"],"source_url":"https://le.utah.gov/xcode/Title16/Chapter22/16-22-S405.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-10-08T05:55:33Z","sha256":"f97f0b18c4943c09828ee705491345c2982c9c40c486ad5a7f6cf790dcf0bdba","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-16-22-404","next":"us-ut/utah-code-16-22-406"},"notice":"GroundRules: Original legal text. Not legal advice."}