N.H. Rev. Stat. § 301-B:27

Current through the 2024 Legislative Session

Section 301-B:27 - [Effective 7/1/2025] Failure Event

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.

RSA 301-B:27

Added by 2024, 263:1, eff. 7/1/2025.