kaal:claim:3799320-019

Under the legal wrapper concept individual DAO members are not liable and the third party knows exactly with whom she is interacting and where liabilities arise.

Source quote, verbatim

Using the legal wrapper concept, the individual DAO members would not be liable and the third party knows exactly with whom she is interacting and where liabilities arise.

From

Wulf A. Kaal, A Decentralized Autonomous Organization (DAO) of DAOs (2021), Governance & Legal Design Experimentation, p. 13
https://ssrn.com/abstract=3799320 · source PDF

Cite as

Wulf A. Kaal, A Decentralized Autonomous Organization (DAO) of DAOs (2021). SSRN: https://ssrn.com/abstract=3799320

Holds when

DAO represented by a legal wrapper entity

Classification

designsupport: arguedlaw-and-legal-systems

Related claims

supported_by kaal:claim:5254152-028 A DAO operating without a legal wrapper risks being deemed a partnership by estoppel in legal disputes, exposi...

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Attestation record: colloquium/attestations/6872ab4144c7c1ac...json
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