New Hampshire § 301-B:25 Contentious Forks in the Underlying Blockchain

New Hampshire Statutes

§ 301-B:25 — Contentious Forks in the Underlying Blockchain

New Hampshire § 301-B:25

Title XXVIICORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS

Ch. 301-BDECENTRALIZED AUTONOMOUS ORGANIZATIONS

This text of New Hampshire § 301-B:25 (Contentious Forks in the Underlying Blockchain) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 301-B:25 (2026).

Text

In the event of a hard fork in the underlying permissionless blockchain:

I.By default, the New Hampshire DAO retains its legal personality and limited liability, and the legal representative remains the legal representative of the majority chain, and any off-chain assets shall belong to the New Hampshire DAO on the majority chain.

II.The New Hampshire DAO may choose to maintain legal presence on a minority chain if it expresses its intent to do so by public signaling, and in that case any off-chain assets shall belong to the New Hampshire DAO on the selected minority chain.

III.The New Hampshire DAO may liquidate its on-chain assets following a hard fork in order to move those assets to the chosen chain.

IV.Alternatively, the New Hampshire DAO may choose to split into multiple legal en

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In the event of a hard fork in the underlying permissionless blockchain:
I. By default, the New Hampshire DAO retains its legal personality and limited liability, and the legal representative remains the legal representative of the majority chain, and any off-chain assets shall belong to the New Hampshire DAO on the majority chain.
II. The New Hampshire DAO may choose to maintain legal presence on a minority chain if it expresses its intent to do so by public signaling, and in that case any off-chain assets shall belong to the New Hampshire DAO on the selected minority chain.
III. The New Hampshire DAO may liquidate its on-chain assets following a hard fork in order to move those assets to the chosen chain.
IV. Alternatively, the New Hampshire DAO may choose to split into multiple legal entities, each on a separate chain, if it communicates by public signaling:
(a) Its intent to do so, and
(b) There is a definitive distribution of off-chain assets between the majority and minority chains.