Failure event.

Utah Code § 48-5-405 (until 10/1/2026), under Part 48-5-4: Miscellaneous Provisions.

Utah Code § 48-5-405 (until 10/1/2026)

48-5-405. Failure event.

(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.

(2) A failure event may trigger liability on the person deploying or upgrading the decentralized autonomous organization if that person: acted in bad faith; or engaged in gross negligence.