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Code · Utah · Title 48 — Unincorporated Business Entity Act · Chapter 5

Renumbered 10/1/2026

126 words·~1 min read·/ut/title-48/chapter-5/10-24

A 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
48-5-404. 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 software code of the decentralized autonomous organization fulfills all the formation requirements of Section 48-5-201 ; and
(b)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 Subsection
(1)inherits the rights and obligations of the original decentralized autonomous organization as a successor.
Renumbered and Amended by Chapter 92 , 2026 General Session
Enacted by Chapter 85 , 2023 General Session
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