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NC H1062

Bill

Status

Introduced

5/10/2016

Primary Sponsor

Robert Bryan

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Origin

House of Representatives

2015-2016 Session

AI Summary

  • Enacts the Revised Uniform Fiduciary Access to Digital Assets Act (Chapter 36F) to establish procedures for fiduciaries and designated recipients to access users' digital assets held by custodians.

  • Allows users to direct disclosure of digital assets through online tools, with such directions overriding conflicting terms-of-service agreements or other documents like wills and powers of attorney.

  • Establishes specific procedures for personal representatives, agents, trustees, and guardians to request disclosure of digital assets, catalogues of electronic communications, and content of electronic communications from custodians.

  • Requires custodians to comply with disclosure requests within 60 days and permits reasonable administrative charges; grants custodians immunity for good faith compliance and allows them to request court orders to verify authority or address undue burden.

  • Makes conforming amendments to statutes governing personal representatives, powers of attorney, trustees, and guardians to explicitly authorize them to obtain and disclose digital assets as provided in Chapter 36F.

Legislative Description

Fiduciary Access to Digital Assets

Last Action

Ref To Com On Rules and Operations of the Senate

6/9/2016

Committee Referrals

Rules and Operations of the Senate6/9/2016
Judiciary IV5/11/2016

Full Bill Text

No bill text available