(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