Utah Code § 48-5-305

Administrators.

Last amended: 2026Year: 2026Length: 77 wordsOfficial source
(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.
Utah Code § 48-5-305: Administrators. | Justis AI