New Jersey Statutes 3B:14-61.3. User’s residence in State, inapplicability of act to employers’ digital assets
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Terms Used In New Jersey Statutes 3B:14-61.3
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
3. User’s Residence in State; Inapplicability of Act to Employers’ Digital Assets.
a. This act applies to a custodian if the user resides in this State or resided in this State at the time of the user’s death.
b. This act does not apply to a digital asset of an employer used by an employee in the ordinary course of the employer’s business.
L.2017, c.237, s.3.