[§556A-3]  Applicability.  (a)  This chapter applies to:

     (1)  A fiduciary acting under a will or power of attorney executed before, on, or after July 1, 2016;

     (2)  A personal representative acting for a decedent who died before, on, or after July 1, 2016;

     (3)  A conservatorship proceeding commenced before, on, or after July 1, 2016; and

     (4)  A trustee acting under a trust created before, on, or after July 1, 2016.

     (b)  This chapter 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 chapter does not apply to a digital asset of an employer used by an employee in the ordinary course of the employer's business. [L 2016, c 162, pt of §1]

Revision Note

  "July 1, 2016" substituted for "the effective date of this Act".