Idaho Statutes

§ 28-5304 — CLASSIFICATION OF DIGITAL ASSETS

Idaho·Title 28 COMMERCIAL TRANSACTIONS·Ch. 53 DIGITAL ASSETS

Digital assets are intangible personal property and are classified as follows:

(1)Digital assets are intangible personal property and are general intangibles as defined in section 28-9-102, Idaho Code.
(2)Digital securities are intangible personal property and are investment property as defined in section 28-9-102, Idaho Code.
(3)Virtual currency is intangible personal property and is not a security, notwithstanding section 30-14-102, Idaho Code.

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Legislative History

[28-5304, added 2022, ch. 284, sec. 1, p. 902.]

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