{"data":{"id":"us-ut/utah-code-48-5-405","jurisdiction":"us-ut","citation":"Utah Code § 48-5-405","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 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-S405.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"f97f0b18c4943c09828ee705491345c2982c9c40c486ad5a7f6cf790dcf0bdba","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-48-5-404","next":"us-ut/utah-code-48-5-406"},"notice":"GroundRules: Original legal text. Not legal advice."}