kaal:claim:5254152-034

Adopting a conventional corporate form in a jurisdiction that does not recognize DAOs yields only partial legal protection; Silo Finance is registered as an LLC in Texas, but Texas does not recognize DAOs.

Source quote, verbatim
Registered as an LLC in Texas, it offers some legal protection, but Texas does not recognize DAOs (R: 5)
From

Wulf A. Kaal, DAO Market Meta Analysis 2024 (2024), APPENDIX A: DAO Dataset, Silo Finance, p. 45
https://ssrn.com/abstract=5254152 · source PDF

Cite as

Wulf A. Kaal, DAO Market Meta Analysis 2024 (2024). SSRN: https://ssrn.com/abstract=5254152

Holds when
Classification

failuresupport: evidencedfailure: jurisdictional non recognition of DAOsfamily: legal-personality-and-liability-gaplaw-and-legal-systemscompliancedao

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