Texas Estates Code

§ 2001.202 — AUTHORITY TO TERMINATE ACCOUNT

ES § 2001.202Title 4. DIGITAL ASSETS · Ch. 2001. TEXAS REVISED UNIFORM FIDUCIARY ACCESS TO DIGITAL ASSETS ACT · Art. G. DUTY AND AUTHORITY OF FIDUCIARY AND OTHERS REGARDING DIGITAL ASSETS

Statute text

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(a)A custodian may disclose information in an account to a fiduciary of the user when the information is required to terminate an account used to access digital assets licensed to the user.

(b)A fiduciary of a user may request a custodian to terminate the user's account. A request for termination must be in writing, in physical or electronic form, and accompanied by:

(1)if the user is deceased, a certified copy of the death certificate of the user; and

(2)one of the following giving the fiduciary authority over the account:

(A)a certified copy of letters testamentary or of administration, a small estate affidavit filed under Section 205.001, or other court order;

(B)a power of attorney; or

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Legislative history

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