The bylaws may provide for the limitation or elimination of any and all liabilities for breach of contract and breach of duties, including fiduciary duties, of a developer, participant, administrator, legal representative, or other person to a New Hampshire DAO or to another participant or administrator, or to another person that is a party to or is otherwise subject to the bylaws; provided that the bylaws may not limit or eliminate liability for any act or omission that constitutes a violation of the implied contractual covenant of good faith and fair dealing.
N.H. Rev. Stat. Ann. § 301-B:22
Exculpations
Known as the New Hampshire Decentralized Autonomous Organization Act
The act spans §§ 301-B:1 to 301-B:9 (31 sections).
Source. 2024, 263:1, eff
Official source: New Hampshire General Court. Reproduced from public-domain New Hampshire statutes; confirm against the official source for the current text. Not legal advice.