US Lawyer Database

Section 19-1A-2 – (Effective January 1, 2018) Definitions.

Section 19-1A-2 (Effective January 1, 2018) Definitions. In this chapter, the following terms have the following meanings: (1) “Account” means an arrangement under a terms-of-service agreement in which a custodian carries, maintains, processes, receives, or stores a digital asset of the user or provides goods or services to the user. (2) “Agent” means a person […]

Section 19-1A-3 – (Effective January 1, 2018) Applicability.

Section 19-1A-3 (Effective January 1, 2018) Applicability. (a) This chapter applies to: (1) a fiduciary acting under a will or power of attorney executed before, on, or after October 1, 2016; (2) a personal representative acting for a decedent who died before, on, or after October 1, 2016; (3) a conservatorship proceeding commenced before, on, […]

Section 19-1A-5 – (Effective January 1, 2018) Terms-of-Service Agreement.

Section 19-1A-5 (Effective January 1, 2018) Terms-of-service agreement. (a) This chapter does not change or impair a right of a custodian or a user under a terms-of-service agreement to access and use digital assets of the user. (b) This chapter does not give a fiduciary or designated recipient any new or expanded rights other than […]

Section 19-1A-6 – (Effective January 1, 2018) Procedure for Disclosing Digital Assets.

Section 19-1A-6 (Effective January 1, 2018) Procedure for disclosing digital assets. (a) When disclosing digital assets of a user under this chapter, the custodian may at its sole discretion: (1) grant a fiduciary or designated recipient full access to the user’s account; (2) grant a fiduciary or designated recipient partial access to the user’s account […]