Oregon Statutes 119.006 – Definitions for ORS 119.006 to 119.081
As used in ORS § 119.006 to 119.081:
Terms Used In Oregon Statutes 119.006
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Codicil: An addition, change, or supplement to a will executed with the same formalities required for the will itself.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Executor: A male person named in a will to carry out the decedent
- Fiduciary: A trustee, executor, or administrator.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
- Trustee: A person or institution holding and administering property in trust.
(1) ‘Account’ means an arrangement under a terms-of-service agreement in which a custodian carries, maintains, processes, receives or stores a digital asset of the user or provides goods or services to the user.
(2) ‘Agent’ means a person designated as an agent under a power of attorney in accordance with ORS § 127.005 to 127.045.
(3) ‘Carries’ means engages in the transmission of an electronic communication.
(4) ‘Catalog of electronic communications’ means information that identifies each person with which a user has had an electronic communication, the time and date of the communication and the electronic address of the person.
(5) ‘Conservator’ has the meaning given that term in ORS § 125.005.
(6) ‘Content of an electronic communication’ means information concerning the substance or meaning of the communication that:
(a) Has been sent or received by a user;
(b) Is in electronic storage by a custodian providing an electronic communication service to the public or is carried or maintained by a custodian providing a remote computing service to the public; and
(c) Is not readily accessible to the public.
(7) ‘Court’ means a circuit court in this state.
(8) ‘Custodian’ means a person that carries, maintains, processes, receives or stores a digital asset of a user.
(9) ‘Designated recipient’ means a person chosen by a user using an online tool to administer digital assets of the user.
(10) ‘Digital asset’ means an electronic record in which an individual has a right or interest. ‘Digital asset’ does not include an underlying asset or liability unless the asset or liability is itself an electronic record.
(11) ‘Electronic’ means relating to technology having electrical, digital, magnetic, wireless, optical, electromagnetic or similar capabilities.
(12) ‘Electronic communication’ has the meaning set forth in 18 U.S.C. § 2510(12).
(13) ‘Electronic communication service’ means a custodian that provides to a user the ability to send or receive an electronic communication.
(14) ‘Fiduciary’ means a person that is an original, additional or successor personal representative, conservator, agent or trustee.
(15) ‘Information’ means data, text, images, videos, sounds, codes, computer programs, software, databases and similar intelligence of any nature.
(16) ‘Online tool’ means an electronic service provided by a custodian that allows the user, in an agreement distinct from the terms-of-service agreement between the custodian and the user, to provide directions for disclosure or nondisclosure of digital assets to a third person.
(17) ‘Person’ means an individual, estate, business or nonprofit entity, public corporation, government or governmental subdivision, agency or instrumentality or other legal entity.
(18) ‘Personal representative’ means an executor, administrator or special administrator, or a person legally authorized to perform substantially the same functions.
(19) ‘Power of attorney’ means a record that grants an agent authority to act in the place of a principal.
(20) ‘Principal’ means an individual who grants authority to an agent in a power of attorney.
(21) ‘Protected person’ means an individual for whom a conservator has been appointed. ‘Protected person’ includes an individual for whom an application for the appointment of a conservator is pending.
(22) ‘Record’ means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form.
(23) ‘Remote computing service’ means a custodian that provides to a user computer processing services or the storage of digital assets by means of an electronic communications system as defined in 18 U.S.C. § 2510(14).
(24) ‘Terms-of-service agreement’ means an agreement that controls the relationship between a user and a custodian.
(25) ‘Trustee’ means a fiduciary with legal title to property under an agreement or declaration that creates a beneficial interest in another person. ‘Trustee’ includes a successor trustee.
(26) ‘User’ means a person that has an account with a custodian.
(27) ‘Will’ includes a codicil, testamentary instrument that only appoints an executor and instrument that revokes or revises a testamentary instrument. [2016 c.19 § 2]
[Amended by 1961 c.456 § 1; 1977 c.666 § 18; repealed by 1997 c.99 § 54]
DISCLOSURE OF DIGITAL ASSETS