Current through the 2024 Budget Session
Section 2-3-1006 - Procedure for disclosing digital assets(a) When disclosing digital assets of a user under this act, a custodian may: (i) Grant a fiduciary or designated recipient full access to the user's account;(ii) Grant a fiduciary or designated recipient partial access to the user's account sufficient to perform the tasks with which the fiduciary or designated recipient is charged; or(iii) Provide a fiduciary or designated recipient a copy in a record of any digital asset that, on the date the custodian received the request for disclosure, the user could have accessed if the user were alive and had full capacity and access to the account.(b) A custodian may assess a reasonable administrative fee for the cost of disclosing digital assets under this act.(c) A custodian is not required to disclose under this act a digital asset deleted by a user.(d) A custodian is not required to disclose under this act a user's digital assets if the user directs or a fiduciary requests a custodian to disclose some, but not all, of the user's digital assets and the segregation of the assets would impose an undue burden on the custodian. If a custodian finds that a direction or request imposes an undue burden, the custodian or fiduciary may seek an order from the circuit court or other court of competent jurisdiction to disclose: (i) A subset of the user's digital assets limited by date to the fiduciary or designated recipient;(ii) All of the user's digital assets to the fiduciary or designated recipient;(iii) None of the user's digital assets to the fiduciary or designated recipient; or(iv) All of the user's digital assets to the court for an in camera review.Added by Laws 2016 , ch. 39, § 1, eff. 7/1/2016.