Utah Code 75A-6-103. Applicability
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(1) This chapter applies to:
Terms Used In Utah Code 75A-6-103
- Agent: means an attorney in fact granted authority under a durable or nondurable power of attorney. See Utah Code 75A-6-102
- Custodian: means a person that carries, maintains, processes, receives, or stores a digital asset of a user. See Utah Code 75A-6-102
- Decedent: A deceased person.
- Digital asset: means an electronic record in which an individual has a right or interest. See Utah Code 75A-6-102
- Personal representative: means an executor, administrator, special administrator as defined in Section
75-1-201 , or person that performs substantially the same function under the law of this state other than this chapter. See Utah Code 75A-6-102 - Trust: means the same as that term is defined in Section
75-1-201 . See Utah Code 75A-6-102 - User: means a person that has an account with a custodian. See Utah Code 75A-6-102
(1)(a) a fiduciary or agent acting under a will or power of attorney executed before, on, or after May 9, 2017;
(1)(b) a personal representative acting for a decedent who died before, on, or after May 9, 2017;
(1)(c) a conservatorship or guardianship proceeding commenced before, on, or after May 9, 2017; and
(1)(d) a trustee acting under a trust created before, on, or after May 9, 2017.
(2) This chapter applies to a custodian if the user resides in this state or resided in this state at the time of the user’s death.
(3) This chapter does not apply to a digital asset of an employer used by an employee in the ordinary course of the employer’s business.