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Home » US Law » 2021 New Mexico Statutes » Chapter 46 - Fiduciaries and Trusts » Article 13 - Revised Uniform Fiduciary Access to Digital Assets

Section 46-13-1 – Short title.

Sections 1 through 18 of this act [46-13-1 to 46-13-18 NMSA 1978] may be cited as the “Revised Uniform Fiduciary Access to Digital Assets Act”. History: Laws 2017, ch. 72, § 1. ANNOTATIONS Effective dates. — Laws 2017, ch. 72, § 20 made Laws 2017, ch. 72, § 1 effective January 1, 2018.

Section 46-13-10 – 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 received by the principal and digital assets, other […]

Section 46-13-15 – Fiduciary duty and authority.

A. The legal duties imposed on a fiduciary charged with managing tangible property apply to the management of digital assets, including: (1) the duty of care; (2) the duty of loyalty; and (3) the duty of confidentiality. B. A fiduciary’s or designated recipient’s authority with respect to a digital asset of a user: (1) except […]

Section 46-13-16 – Custodian compliance and immunity.

A. Not later than sixty days after receipt of the information required under Sections 7 through 15 [46-13-7 to 46-13-15 NMSA 1978] of the Revised Uniform Fiduciary Access to Digital Assets Act, a custodian shall comply with a request under the Revised Uniform Fiduciary Access to Digital Assets Act from a fiduciary or designated recipient […]

Section 46-13-17 – Uniformity of application and construction.

In applying and construing the Revised Uniform Fiduciary Access to Digital Assets Act, consideration shall be given to the need to promote uniformity of the law with respect to its subject matter among states that enact it. History: Laws 2017, ch. 72, § 17. ANNOTATIONS Effective dates. — Laws 2017, ch. 72, § 20 made […]

Section 46-13-2 – Definitions.

As used in the Revised Uniform Fiduciary Access to Digital Assets Act: A. “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; B. “agent” means an attorney-in-fact granted authority under a durable […]

Section 46-13-3 – Applicability.

A. The Revised Uniform Fiduciary Access to Digital Assets Act applies to: (1) a fiduciary acting under a will or power of attorney executed before, on or after July 1, 2017; (2) a personal representative acting for a decedent who died before, on or after July 1, 2017; (3) a conservatorship proceeding commenced before, on […]

Section 46-13-4 – User direction for disclosure of digital assets.

A. A user may use an online tool to direct the custodian to disclose to a designated recipient or not to disclose some or all of the user’s digital assets, including the content of electronic communications. If the online tool allows the user to modify or delete a direction at all times, a direction regarding […]

Section 46-13-5 – Terms-of-service agreement.

A. The Revised Uniform Fiduciary Access to Digital Assets Act 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. The Revised Uniform Fiduciary Access to Digital Assets Act does not give a fiduciary or designated recipient any […]

Section 46-13-6 – Procedure for disclosing digital assets.

A. When disclosing digital assets of a user under the Revised Uniform Fiduciary Access to Digital Assets Act, 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 sufficient to perform the […]

Section 46-13-8 – Disclosure of other digital assets of a 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 of electronic communications, of the user, if the representative […]

Section 46-13-9 – 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 gives the custodian: A. a written request for disclosure […]