Bill

Bill > H3422


MA H3422

MA H3422
Relative to Uniform Fiduciary Access to Digital Assets


summary

Introduced
01/20/2015
In Committee
01/20/2015
Crossed Over
Passed
Dead
07/31/2016

Introduced Session

189th General Court

Bill Summary

Relative to uniform fiduciary access to digital assets. Financial Services.

AI Summary

This bill, titled the Uniform Fiduciary Access to Digital Assets Act, establishes clear rules for how fiduciaries, such as personal representatives, conservators, agents acting under a power of attorney, and trustees, can access and manage the digital assets of individuals who have passed away or are incapacitated. It defines key terms like "digital asset" (which includes online accounts, emails, and other electronic information), "fiduciary," and "custodian" (companies that store digital assets). The bill grants these fiduciaries the right to access digital communications and other digital assets, subject to certain conditions and limitations, including respecting the terms of service agreements with custodians and copyright laws, while also providing immunity to custodians who comply in good faith. It aims to ensure that fiduciaries can effectively manage digital assets for the benefit of the account holder or their estate, overriding certain limitations in terms-of-service agreements that would restrict this access.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Accompanied a study order, see H4111 (on 03/28/2016)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...