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Bill > H2208


MA H2208

Relative to uniform fiduciary access to digital assets


summary

Introduced
01/23/2017
In Committee
01/23/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

190th General Court

Bill Summary

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

AI Summary

This bill establishes the Uniform Fiduciary Access to Digital Assets Act, which grants fiduciaries (such as personal representatives, conservators, agents, and trustees) the right to access and manage the digital assets of a deceased, incapacitated, or principal individual. The key provisions include defining the types of digital assets and fiduciaries covered, outlining the scope of fiduciary access and authority, establishing compliance procedures for custodians of digital assets, and providing immunity for custodians who act in good faith. The bill aims to promote uniformity in the legal treatment of digital assets across states.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

Accompanied a study order, see H4778 (on 07/18/2018)

bill text


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