Utah Code § 48-5-403

Contentious forks in the underlying blockchain
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(1) Except as provided in this section, in the event of a hard fork in the underlying permissionless
blockchain:
(a) the legal representation of the decentralized autonomous organization remains on the
majority chain; and
(b) any off-chain assets shall belong to the decentralized autonomous organization on the
majority chain.
(2)
(a) A decentralized autonomous organization may choose to maintain legal presence on a
minority chain if the decentralized autonomous organization expresses an intent to do so by
public signal.
(b) If the decentralized autonomous organization expresses an intent by public signal to maintain
legal presence on a minority chain, any off-chain assets shall belong to the decentralized
autonomous organization on the selected minority chain.
(3) The decentralized autonomous organization may liquidate the decentralized autonomous
organization's on-chain assets after a hard fork to move those assets to the chosen chain.

(4) The decentralized autonomous organization may split into multiple legal entities after a hard
fork, each on a separate chain, after public signal of an intent to do so, provided there is a
definitive distribution of off-chain assets between the majority and minority chain.
Renumbered and Amended by Chapter 92, 2026 General Session
Renumbered 10/1/2026

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