summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
For legislation relative to uniform fiduciary access to digital assets. The Judiciary.
AI Summary
This bill establishes the Massachusetts Fiduciary Access to Digital Assets Act, which provides guidelines for fiduciaries (such as personal representatives, conservators, agents, and trustees) to access and manage the digital assets of a deceased, protected, or principal user. The key provisions include defining various terms related to digital assets, outlining the user's ability to direct custodians on disclosure of digital assets, establishing procedures for custodians to disclose digital assets to fiduciaries, and defining the fiduciary's duties and authority with respect to managing digital assets. The bill also includes provisions for custodian compliance and immunity from liability.
Committee Categories
Justice
Sponsors (1)
Last Action
Accompanied a study order, see S2612 (on 02/08/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/193/S974 |
| BillText | https://malegislature.gov/Bills/193/S974.pdf |
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