New Hampshire § 301-B:26 DAO Restructuring

New Hampshire Statutes

§ 301-B:26 — DAO Restructuring

New Hampshire § 301-B:26

Title XXVIICORPORATIONS, ASSOCIATIONS, AND PROPRIETORS OF COMMON LANDS

Ch. 301-BDECENTRALIZED AUTONOMOUS ORGANIZATIONS

This text of New Hampshire § 301-B:26 (DAO Restructuring) 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:26 (2026).

Text

I. In the event that there is not a contentious fork and a New Hampshire DAO's smart contract is restructured through modification, upgrade or migration, it shall retain its legal personality and limited liability only to the extent that:

(a)The new code of the New Hampshire DAO continues to satisfy all the listing requirements of RSA 301-B:13.

(b)In the event of migration, where the New Hampshire DAO has to be associated with a new unique public address, proper notice is provided by way of public signaling. II. Failure to meet these requirements shall result in a deregistration of the New Hampshire DAO and loss of legal personality and limited liability effective at the time of restructuring. III. The New Hampshire DAO restructured in accordance with paragraph I shall be the universal s

Free access — add to your briefcase to read the full text and ask questions with AI

I. In the event that there is not a contentious fork and a New Hampshire DAO's smart contract is restructured through modification, upgrade or migration, it shall retain its legal personality and limited liability only to the extent that:
(a) The new code of the New Hampshire DAO continues to satisfy all the listing requirements of RSA 301-B:13.
(b) In the event of migration, where the New Hampshire DAO has to be associated with a new unique public address, proper notice is provided by way of public signaling.
II. Failure to meet these requirements shall result in a deregistration of the New Hampshire DAO and loss of legal personality and limited liability effective at the time of restructuring.
III. The New Hampshire DAO restructured in accordance with paragraph I shall be the universal successor of the original DAO and inherit its rights and obligations.