Texas Estates Code 752.1145 – Digital Asset Transactions
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(a) In this section, “digital asset” has the meaning assigned by § 2001.002.
(b) The language conferring authority with respect to digital assets in a statutory durable power of attorney empowers the attorney in fact or agent, without further reference to a specific digital asset, to access digital assets as provided in Chapter 2001.
Terms Used In Texas Estates Code 752.1145
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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