58-4902 Definitions.
58-4902. Definitions. As used in the first-time home buyer savings account act: (a) “Account” or “first-time home buyer savings account” means an individual savings account established in accordance with the provisions of this act. (b) “Account holder” means an individual who establishes an account that is designated as a first-time home buyer savings account pursuant […]
58-4903 Designation of first-time home buyer savings account; designated beneficiary; contribution limits; responsibilities of account holder.
58-4903. Designation of first-time home buyer savings account; designated beneficiary; contribution limits; responsibilities of account holder. (a) On and after July 1, 2022, any individual may open an account with a financial institution and designate the account, in its entirety, as a first-time home buyer savings account to be used to pay or reimburse a […]
58-4904 Use of account moneys; withdrawals; subject to recapture, when; penalty.
58-4904. Use of account moneys; withdrawals; subject to recapture, when; penalty. (a) (1) The moneys in a first-time home buyer savings account may be: (A) Used for eligible expenses related to a designated beneficiary’s purchase or construction of a primary residence located in this state; (B) used for eligible expenses related to a designated beneficiary’s […]
58-4808 Disclosure of other digital assets of deceased user.
58-4808. Disclosure of other digital assets of deceased user. Unless the user prohibited disclosure of digital assets or the court directs otherwise, a custodian shall disclose to the personal representative of the estate of a deceased user a catalogue of electronic communications sent or received by the user and digital assets, other than the content […]
58-4905 Annual reporting; forms; rules and regulations.
58-4905. Annual reporting; forms; rules and regulations. (a) The secretary shall establish forms for an account holder to annually report information about any accounts held by such account holder. An account holder shall annually file with the account holder’s state income tax return all forms required by the secretary under this section, the form 1099 […]
58-4809 Disclosure of content of electronic communications of principal.
58-4809. Disclosure of content of electronic communications of principal. To the extent a power of attorney expressly grants an agent authority over the content of electronic communications sent or received by the principal and unless directed otherwise by the principal or the court, a custodian shall disclose to the agent the content if the agent […]
58-4906 Financial institutions; actions not responsible or liable for.
58-4906. Financial institutions; actions not responsible or liable for. (a) No financial institution shall be required to: (1) Designate an account as a first-time home buyer savings account or designate the beneficiaries of an account in the financial institution’s account contracts or systems or in any other way; (2) track the use of moneys withdrawn […]
58-4810 Disclosure of other digital assets of principal.
58-4810. Disclosure of other digital assets of principal. Unless otherwise ordered by the court, directed by the principal or provided by a power of attorney, a custodian shall disclose to an agent with specific authority over digital assets or general authority to act on behalf of a principal a catalogue of electronic communications sent or […]
58-4720 Same; registration number.
58-4720. Same; registration number. (a) The board shall issue a unique registration number to each AMC that is registered in this state. (b) The board shall maintain on its website a list of the AMCs that have registered with the board pursuant to this act and have been issued a registration number pursuant to subsection […]
58-4721 Same; removal of appraiser, limitation.
58-4721. Same; removal of appraiser, limitation. No AMC shall remove an appraiser from its appraiser panel, or otherwise refuse to assign requests for real estate appraisal services to an appraiser without: (a) Notifying the appraiser in writing of the reasons why such appraiser is being removed from the appraiser panel of the AMC; (b) providing […]