Utah Code 48-5-302. Voting rights
Current as of: 2024 | Check for updates
|
Other versions
(1) The by-laws shall set out the distribution of voting rights for the classes of member participation rights in a decentralized autonomous organization.
Terms Used In Utah Code 48-5-302
- By-laws: means the procedural rules and regulations that govern a decentralized autonomous organization and the interaction of the decentralized autonomous organization's members and participants. See Utah Code 48-5-101
- Decentralized: means that decision-making is distributed among multiple persons. See Utah Code 48-5-101
- Member: means a person who has governance rights in a decentralized autonomous organization. See Utah Code 48-5-101
(2) The method by which these voting rights are computed and distributed shall be set out in the by-laws.