Bill Request 1003

Title AN ACT relating to Uniform Fiduciary Access to Digital Assets Act.
Bill Documents Original
Sponsors C. Massey
Summary of Original Version Establish KRS Chapter 395A and create new sections thereof to enact the Revised Uniform Fiduciary Access to Digital Assets Act to establish a framework for the management and disposition of digital assets upon death or incapacitation; define terms; set forth the applicability of the chapter to fiduciaries, personal representatives, conservators, and trustees, and provide that the chapter does not apply to a digital asset of an employer that is used by an employee in the ordinary course of business; prioritize user directions regarding disclosure over certain terms-of-service agreements; provide that the Act does not impair custodian and user access to records under terms-of-service agreements; establish procedures for disclosing digital assets; enumerate documentation required for a personal representative to gain access to content of electronic communications; enumerate documentation required to access digital assets other than the content of a decedent's electronic communications; enumerate documentation required for a person with power of attorney to gain access to the content of electronic communications of principal; enumerate documentation required to access digital assets other than the content of a principal's electronic communications; authorize disclosure to trustees who are original users of a trust's digital assets; enumerate documentation required for content disclosure to a trustee; enumerate documentation required for disclosure of a trust's digital assets other than content; enumerate documentation required for a conservator to gain access to a protected person's digital assets; apply fiduciary duties and authority to digital assets; provide compliance guidelines for the custodians of digital records; require that the chapter be applied to promote uniformity among the states; establish conformity with federal requirements related to electronic signatures and records; provide that the chapter may be cited as the Revised Uniform Fiduciary Access to Digital Assets Act (2015).
Index Headings Courts - Revised Uniform Fiduciary Access to Digital Assets Act, adoption of
Fiduciaries - Revised Uniform Fiduciary Access to Digital Assets Act, adoption of
Guardians - Revised Uniform Fiduciary Access to Digital Assets Act, adoption of
Taxation, Inheritance and Estate - Revised Uniform Fiduciary Access to Digital Assets Act, adoption of
Uniform Laws - Revised Uniform Fiduciary Access to Digital Assets Act, adoption of
Wills and Estates - Revised Uniform Fiduciary Access to Digital Assets Act, adoption of
Retroactive Legislation - Revised Uniform Fiduciary Access to Digital Assets Act, adoption of
Civil Actions - Revised Uniform Fiduciary Access to Digital Assets Act, adoption of
Civil Procedure - Revised Uniform Fiduciary Access to Digital Assets Act, adoption of

Actions

12/11/19 Prefiled by the sponsor(s).

Last updated: 1/6/2020 3:52 PM (EST)
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