§ 301-b-20

[RSA 301-B:20 effective July 1, 2025.] RSA 301-B effective July 1, 2025, except for RSA 301-B:31 effective July 26, 2024. 301-B:20 No Implicit Fiduciary Status. – Developers, participants, administrators or legal representatives of a DAO shall not be imputed to have fiduciary duties towards each other or third parties solely on the basis of their role, unless the person acting in such a role explicitly holds itself out as a fiduciary, or the bylaws expressly provide that such person is a fiduciary with respect to each power granted to such person. Source. 2024, 263:1, eff. July 1, 2025.