(1) |
This chapter applies to:
Terms Used In Utah Code 75-11-103- Agent: means an attorney in fact granted authority under a durable or nondurable power of attorney. See Utah Code 75-11-102
- Custodian: means a person that carries, maintains, processes, receives, or stores a digital asset of a user. See Utah Code 75-11-102
- Decedent: A deceased person.
- Digital asset: means an electronic record in which an individual has a right or interest. See Utah Code 75-11-102
- Personal representative: means an executor, administrator, special administrator, or person that performs substantially the same function under the law of this state other than this chapter. See Utah Code 75-11-102
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
- User: means a person that has an account with a custodian. See Utah Code 75-11-102
(a) |
a fiduciary or agent acting under a will or power of attorney executed before, on, or after May 9, 2017; |
(b) |
a personal representative acting for a decedent who died before, on, or after May 9, 2017; |
(c) |
a conservatorship or guardianship proceeding commenced before, on, or after May 9, 2017; and |
(d) |
a trustee acting under a trust created before, on, or after May 9, 2017. |
|
(2) |
This chapter applies to a custodian if the user resides in this state or resided in this state at the time of the user’s death. |
(3) |
This chapter does not apply to a digital asset of an employer used by an employee in the ordinary course of the employer’s business. |
Enacted by Chapter 16, 2017 General Session
Technically renumbered to avoid duplication of section number also enacted in HB21, Chapter 125.