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- Alaska Statutes.
- Title 13. Decedents' Estates, Guardianships, Transfers, and Trusts.
- Chapter 63. Revised Uniform Fiduciary Access to Digital Assets Act
- Section 120. Fiduciary Duty and Authority.
previous:
Section 110. Disclosure of Digital Assets to Conservator of Protected Person.
next:
Section 130. Custodian Compliance and Immunity.
AS 13.63.120. Fiduciary Duty and Authority.
(a) The legal duties imposed on a fiduciary charged with managing tangible property apply to the management of digital assets, including
(1) the duty of care;
(2) the duty of loyalty; and
(3) the duty of confidentiality.
(b) A fiduciary's or designated recipient's authority with respect to a digital asset of a user
(1) except as otherwise provided in AS 13.63.010, is subject to the
applicable terms of service;
(2) is subject to other applicable law, including copyright law;
(3) in the case of a fiduciary, is limited by the scope of the fiduciary's duties; and
(4) may not be used to impersonate the user.
(c) A fiduciary with authority over the property of a decedent, protected person, principal, or settlor has the right to access any
digital asset in which the decedent, protected person, principal, or settlor had a right or interest and that is not held by a custodian
or subject to a terms-of-service agreement.
(d) A fiduciary acting within the scope of the fiduciary's duties is an authorized user of the property of the decedent, protected person,
principal, or settlor for the purpose of applicable computer-fraud and unauthorized-computer-access laws, including AS 11.46.200, 11.46.484(a)(3), and 11.46.740.
(e) A fiduciary with authority over the tangible personal property of a decedent, protected person, principal, or settlor
(1) has the right to access the property and any digital asset stored in it; and
(2) is an authorized user for the purpose of computer-fraud and unauthorized-computer-access laws, including AS 11.46.200, 11.46.484(a)(3), and 11.46.740.
(f) 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
(g) A fiduciary of a user may request a custodian to terminate the user's account. A request for termination must be in writing,
in either physical or electronic form, and accompanied by
(1) if the user is deceased, a certified copy of the death certificate of the user;
(2) a certified copy of the letters testamentary of the personal representative, the superior court order, the power of attorney, or
the trust instrument giving the fiduciary authority over the account; and
(3) if requested by the custodian,
(A) a number, username, address, or other unique subscriber or account identifier assigned by the custodian to identify the user's account;
(B) evidence linking the account to the user; or
(C) a finding by the superior court that the user had a specific account with the custodian, identifiable by the information
specified in (A) of this paragraph.
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