16-22-404. Restructuring.
(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: the new software code of the decentralized autonomous organization fulfills all the formation requirements of Section; and 16-22-201 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 Subsectioninherits the rights and obligations of the original decentralized autonomous organization as a successor. (1)