Minnesota Statutes
§ 53B.73 — PROPERTY INTERESTS AND ENTITLEMENTS TO VIRTUAL CURRENCY
Minnesota § 53B.73
This text of Minnesota § 53B.73 (PROPERTY INTERESTS AND ENTITLEMENTS TO VIRTUAL CURRENCY) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Minn. Stat. § 53B.73 (2026).
Text
(a)A licensee that has control of virtual currency for one or more persons must maintain control of virtual currency in each type of virtual currency sufficient to satisfy the aggregate entitlements of the persons to the type of virtual currency.
(b)If a licensee violates paragraph (a), the property interests of the persons in the virtual currency are pro rata property interests in the type of virtual currency to which the persons are entitled, without regard to the time the persons became entitled to the virtual currency or the licensee obtained control of the virtual currency.
(c)The virtual currency referred to in this section is:
(1)held for the persons entitled to the virtual currency;
(2)not property of the licensee;
(3)not subject to the claims of creditors of the licensee; an
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Legislative History
2023 c 57 art 3 s 60
Nearby Sections
15
§ 53B.28
DEFINITIONS§ 53B.29
EXEMPTIONS§ 53B.31
IMPLEMENTATION§ 53B.32
CONFIDENTIALITY§ 53B.33
SUPERVISION§ 53B.34
NETWORKED SUPERVISION§ 53B.35
RELATIONSHIP TO FEDERAL LAW§ 53B.36
LICENSE REQUIRED§ 53B.37
CONSISTENT STATE LICENSING§ 53B.38
APPLICATION FOR LICENSE§ 53B.40
LICENSE ISSUANCE§ 53B.41
LICENSE RENEWAL§ 53B.42
MAINTENANCE OF LICENSECite This Page — Counsel Stack
Bluebook (online)
Minnesota § 53B.73, Counsel Stack Legal Research, https://law.counselstack.com/statute/mn/53B/53B.73.