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Utah Legislature passed HB 357 Utah Decentralized Autonomous Organizations Act Utah DAO Act due to efforts of Utah Legislature Blockchain and digital Innovation Task Force led by Co-Chairs Senator Kirk Cullimore and Representative Jordan Teuscher.
On March 1, 2023, the Utah Legislature passed HB 357, the “Utah Decentralized Autonomous Organizations” Act (the “Utah DAO Act”). This was a combined effort of the Utah Legislature’s.