Linking this here in response to your comment: On the nature of DAOs and their projection on Electoral & Corporate structures
Yes, the conflict of interest is the biggest catalyst for this change and arguably the leading subject of by-laws.
I am not so sure what to say about the retroactive application of by-laws but if there emerges an outstanding conflict when by-laws are ratified, I believe those will have to be rectified. I wouldn’t call them retroactive though.