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Utah Code § 48-5-401

Asset subscription and payment

Renumbered and Amended by Chapter 92, 2026 General Session; Enacted by Chapter 85, 2023 General Session; End date 10/1/2026

(1) No minimum capital requirements may apply to a decentralized autonomous organization recognized by this act.

(2) If the decentralized autonomous organization wishes to maintain a minimum amount of capital, the by-laws of the decentralized autonomous organization shall specify the rules for subscription and payment.

(3) The by-laws shall provide the rules for exiting the decentralized autonomous organization that address the consequences of voluntary and involuntary member and participant exit on subscriptions and payments made by the member or participant.

(4) No member may compel the dissolution of the decentralized autonomous organization for failure to return the member's on-chain contribution.

Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.