Renumbered 10/1/2026
101 words·~1 min read·
/ut/title-48/chapter-5/10-18A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 1/1/2024
Renumbered 10/1/2026
48-5-305. Administrators.
(1)Unless mandated in the decentralized autonomous organization's by-laws, a decentralized autonomous organization is not required to have an administrator, including a board of directors or a trustee.
(2)In the absence of a provision requiring administrators, all the powers and tasks of an administrator shall be vested in the decentralized autonomous organization members as a class.
(3)The voting mechanism for nominating and appointing an administrator shall be set out in the decentralized autonomous organization's by-laws.
Renumbered and Amended by Chapter 92 , 2026 General Session
Enacted by Chapter 85 , 2023 General Session