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Texas Estates Code

§ 2001.053 — PROCEDURE FOR DISCLOSING DIGITAL ASSETS

ES § 2001.053Title 4. DIGITAL ASSETS · Ch. 2001. TEXAS REVISED UNIFORM FIDUCIARY ACCESS TO DIGITAL ASSETS ACT · Art. B. GENERAL PROCEDURES FOR ACCESS TO DIGITAL ASSETS

Statute text

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(a)When disclosing digital assets of a user under this chapter, the custodian may, at the custodian's sole discretion:
(1)grant a fiduciary or designated recipient full access to the user's account;
(2)grant a fiduciary or designated recipient partial access to the user's account sufficient to perform the tasks with which the fiduciary or designated recipient is charged; or
(3)provide a fiduciary or designated recipient a copy in a record of any digital asset that, on the date the custodian received the request for disclosure, the user could have accessed if the user were alive and had full capacity and access to the account.
(b)A custodian may assess a reasonable administrative charge for the cost of disclosing digital assets under this chapter.
(c)A custodian is not required to disclose under this chapter a digital asset deleted by a user.

Legislative history

Added by Acts 2017, 85th Leg., R.S., Ch. 400 (S.B. 1193), Sec. 1, eff. September 1, 2017.