Terms Used In Iowa Code 638.5

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Fiduciary: A trustee, executor, or administrator.
638.5 Terms-of-service agreement.
1. 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.
2. This chapter does not give a fiduciary or a designated recipient any new or expanded rights other than those held by the user for whom, or for whose estate, the fiduciary or a designated recipient acts or represents.
3. A fiduciary’s or designated recipient’s access to digital assets may be modified or eliminated by a user, by federal law, or by a terms-of-service agreement if the user has not provided direction under § 638.4.
2017 Acts, ch 79, §8