Law of Code cover image

#101 - Legal Wrappers for DAOs: DAO Research Monthly

Law of Code

CHAPTER

The Texas LLC and the Texas DAO Law

The DAO laws seem to be a copy of the Wyoming DAO law. They dropped the autonomous part. The biggest difference or one difference was the quorum for a vote to be valid. In Tennessee also the law requires organizations to choose between member-managed and smart contract-managed structures. But in practice, when you have the members voting and effectuating change on their smart contract, at its face it just seems like a unnecessary complication to this law.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner