Internal Organization and Disclosure

📄️ 11. INTERNAL ORGANIZATION

* The internal organization and procedures of the DAO must be set out in its By-Laws.

* A DAO will not be required to convene a general Meeting, but Meetings may optionally be included in the By-Laws;

With respect to the delegation of powers and duties to certain persons:

With respect to the appointment of Persons to complete Off-Chain tasks:

With respect to Persons who make discretionary decisions in the interest of the DAO or specific stakeholders:

The Model Law seeks to avoid being overly prescriptive about the

In contrast to the archetypical Berle-Means corporation, characterized

Article 13(1) makes horizontal, direct decision-making the default of

The position of Legal Representative was created to enable DAOs to

In broad terms, a fiduciary is a Person who is entrusted with the