N.H. Rev. Stat. Ann. § 301-B:27

Failure Event

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

In the case of a failure event:

I. Legal personality and limited liability shall be maintained to the extent necessary to protect New Hampshire DAO participants, administrators, and legal representatives from personal liability.

II. A failure event may trigger liability on the person deploying or upgrading the New Hampshire DAO if that person:

(a) Acted in bad faith; or

(b) Engaged in gross negligence.

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.