2016 New York Laws
EPT - Estates, Powers & Trusts
Article 13-A - ADMINISTRATION OF DIGITAL ASSETS SUMMARY OF ARTICLE
Part 2 - (13-A-2.1 - 13-A-2.4) APPLICABILITY, PROCEDURE FOR DICLOSURE, USER DIRECTIONS
13-A-2.1 - Applicability.

NY Est Pow & Trusts L § 13-A-2.1 (2016) What's This?
13-A-2.1 Applicability

(a) This article applies to:

(1) a fiduciary acting under a will, trust or power of attorney executed before, on, or after the effective date of this article;

(2) an executor, administrator or personal representative acting for a decedent who died before, on, or after the effective date of this article;

(3) a guardianship proceeding commenced before, on, or after the effective date of this article; and

(4) a trustee acting under a trust created before, on, or after the effective date of this article.

(b) This article applies to a custodian if the user resides in this state or resided in this state at the time of the user's death.

(c) This article does not apply to a digital asset of an employer used by an employee in the ordinary course of the employer's business.


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