740.08 Applicability.
135 words·~1 min read·
/fl/title-xlii/chapter-740/740-08·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)Subject to subsection (3), this chapter applies to:
(a)A fiduciary acting under a will, trust, or power of attorney executed before, on, or after July 1, 2016;
(b)A personal representative acting for a decedent who died before, on, or after July 1, 2016;
(c)A guardian appointed through a guardianship proceeding, whether pending in a court or commenced before, on, or after July 1, 2016; and
(d)A trustee acting under a trust created before, on, or after July 1, 2016.
(2)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.
(3)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.