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Code · Utah · Title 7 — Financial Institutions Act · Chapter 29

7-29-102. Permitted uses of digital assets.

77 words·~1 min read·/ut/title-7/chapter-29/7-29-102

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Effective 5/7/2025
7-29-102. Permitted uses of digital assets.
A state or local governmental entity may not prohibit, restrict, or impair a person's ability to:
(1)accept digital assets as a method of payment for legal goods and services; or
(2)take custody of digital assets using:
(a)a self-hosted wallet; or
(b)a hardware wallet.
Enacted by Chapter 228 , 2025 General Session
Technically renumbered to avoid duplication of newly enacted code also in SB0294, Chapter 482.
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