📄️ 16. CONTENTIOUS FORKS IN THE UNDERLYING BLOCKCHAIN
In the event of a Hard Fork in the underlying Permissionless Blockchain:
📄️ 17. DAO RESTRUCTURING
* In the event that there is not a Contentious Fork and a DAO's Smart Contract is restructured through modification, upgrade or migration, it will retain its legal personality and limited liability only to the extent that:
📄️ 18. FAILURE EVENT
In the case of a Failure Event:
📄️ Commentary-16
Blockchains can undergo Hard Forks, as defined in Article 3(11).
📄️ Commentary-17
A DAO may modify, upgrade or migrate its Smart Contracts to resolve a
📄️ Commentary-18
The Failure Event provisions are analogous to directors' liability under