16 chapters · 853 sections in this title.
Utah Code § 16-22-404 Restructuring.
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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: (a) the new so…
Utah Code § 16-22-405 Failure event.
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16-22-405. 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 liabilit…
Utah Code § 16-22-406 Taxation.
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16-22-406. Taxation. (1) If a decentralized autonomous organization recognized by this act is eligible to elect to be classified as a corporation for federal tax purposes, and the decentralized autonomous organization makes that election, the decentralized autonomous organization…