2021 New York Laws
EPT - Estates, Powers and Trusts
Article 13-A - Administration of Digital Assets Summary of Article
Part 2 - Applicability, Procedure for Diclosure, User Directions
13-A-2.1 - Applicability.
§ 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.
