{"data":{"id":"us-ut/utah-code-48-5-404","jurisdiction":"us-ut","citation":"Utah Code § 48-5-404","heading":"Restructuring.","body":"(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:\n(a) the new software code of the decentralized autonomous organization fulfills all the formation requirements of Section 48-5-201; and\n(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.\n(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.","path":["Title 48 Unincorporated Business Entity Act","Chapter 48-5 Decentralized Autonomous Organization Act","Part 48-5-4 Miscellaneous Provisions"],"source_url":"https://le.utah.gov/xcode/Title48/Chapter5/48-5-S404.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"5bbe7b8756fbce78daaa86ebc575e5dbf850b3f77b93beb5b595cbb8f77f69fa","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-48-5-403","next":"us-ut/utah-code-48-5-405"},"notice":"GroundRules: Original legal text. Not legal advice."}
