ULC

Acts

Fiduciary Access to Digital Assets Act, Revised (2015)

Description

A fiduciary is a person appointed to manage the property of another person, subject to strict duties to act in the other person’s best interest. Common types of fiduciaries include executors of a decedent’s estate, trustees, conservators, and agents under a power of attorney. This act extends the traditional power of a fiduciary to manage tangible property to include management of a person’s digital assets. The act allows fiduciaries to manage digital property like computer files, web domains, and virtual currency, but restricts a fiduciary’s access to electronic communications such as email, text messages, and social media accounts unless the original user consented in a will, trust, power of attorney, or other record.

Staff Contact

Benjamin Orzeske borzeske@uniformlaws.org

 

Enactment Status Map

Map of USA Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Puerto Rico Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont U.S. Virgin Islands Virginia Washington West Virginia Wisconsin Wyoming

Legislative Tracking

2017 Introductions & Enactments
StateBillSponsorStatus
Alaska SB 16 HughesIntroduced
Mississippi HB351 / HB849 TullosIntroduced
Missouri SB129/HB379 Dixon/PlocherIntroduced
Montana SB 118 McNallyIntroduced
New Jersey AB 3433 GreenwaldIntroduced
New Mexico SB 60 WirthIntroduced
North Dakota HB 1214 KleminIntroduced
Ohio HB 432 CuppEnacted
Utah HB 13 SnowIntroduced
Virginia SB903/HB1608 Obenshain/LeftwichIntroduced

 

Drafting History

Origin: Completed by the Uniform Law Commission in 2014 and Revised in 2015.
Committee/Resources: Fiduciary Access to Digital Assets