18-C M.R.S. § 10-106 Procedure For Disclosing Digital Assets

• Library: Maine Revised Statutes
• Edition: 2023
• Currency: Current through 131st (2023-2024) Legislature Chapter 486
• Year: 2023
• Citation: 18-C M.R.S. § 10-106

1. Disclosure at discretion of custodian. When disclosing digital assets of a user under this Act, the custodian may at its sole discretion:

A. Grant a fiduciary or designated recipient full access to the user's account; [ 2019, c. 417, Pt. A, §107 (NEW).]

B. 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 [ 2019, c. 417, Pt. A, §107 (NEW).]

C. 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. [ 2019, c. 417, Pt. A, §107 (NEW).]

[ 2019, c. 417, Pt. A, §107 (NEW).]

2. Administrative charge. A custodian may assess a reasonable administrative charge for the cost of disclosing digital assets under this Act.

[ 2019, c. 417, Pt. A, §107 (NEW).]

3. Deleted digital assets. A custodian need not disclose under this Act a digital asset deleted by a user.