summary
Introduced
02/12/2019
02/12/2019
In Committee
11/24/2020
11/24/2020
Crossed Over
12/01/2020
12/01/2020
Passed
12/29/2020
12/29/2020
Dead
Signed/Enacted/Adopted
01/13/2021
01/13/2021
Introduced Session
23rd Council
Bill Summary
As introduced it allows holders of accounts with digital assets to give access to these accounts to fiduciaries. A digital asset is an electronic record in which an individual has a right or interest. It also provides immunity from liability for custodians of accounts that comply with a fiduciary's apparent authorized request for access.
AI Summary
This bill, the Uniform Fiduciary Access to Digital Assets Act of 2019, allows holders of accounts with digital assets to give access to these accounts to fiduciaries, such as personal representatives, conservators, agents, and trustees. It defines key terms like "digital asset," "fiduciary," and "custodian," and provides procedures for disclosing digital assets to fiduciaries, including the contents of electronic communications of deceased users or principals. The bill also grants immunity from liability to custodians that comply with a fiduciary's authorized request for access.
Committee Categories
Justice
Sponsors (1)
Last Action
Returned from Mayor (on 01/13/2021)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...