HB 5366 Summary

• Amends the Estates and Protected Individuals Code to add conservator authority over digital property, including the ability to exercise control, exercise rights, and change governing instruments affecting digital assets, subject to applicable terms-of-service agreements.

• Expands court powers to authorize conservators to manage digital property as part of the protected individual's estate and business affairs under Section 5407.

• Adds Section 5423a establishing procedures for conservators to request access to digital property from digital custodians, who must comply within 56 days or face court enforcement action.

• Allows interested parties to petition the court under Section 5415 to limit or eliminate a conservator's power over digital property, with hearings scheduled 14-56 days after petition filing.

• Makes the act's effectiveness contingent on enactment of companion bills HB 5367, HB 5368, HB 5369, and HB 5370.