(1) A member may be represented by a proxy.

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Terms Used In Utah Code 48-5-303

  • 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 by-laws of a decentralized autonomous organization may establish the requirements for representation by proxy.
(3) A proxy may exercise all rights of a member.