kaal:claim:3652481-002
A jurisdiction is only truly favorable to DAOs if it grants the DAO limited liability as an entity and accepts its independent status without requiring any representative in that jurisdiction.
Source quote, verbatim
Only a jurisdiction that gives the DAO limited liability as an entity and accepts its independent status without the need for representation may truly be favorable for DAO concepts.
From
Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020), I. Introduction, p. 5
https://ssrn.com/abstract=3652481 · source PDF
Cite as
Wulf A. Kaal, Decentralized Autonomous Organizations – Internal Governance and External Legal Design (2020). SSRN: https://ssrn.com/abstract=3652481
Classification
conditionsupport: arguedlaw-and-legal-systemsdaoeconomics
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