This text of North Dakota § 47-36-14 (Fiduciary duty and authority) is published on Counsel Stack Legal Research, covering North Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
1.The legal duties imposed on a fiduciary charged with managing tangible property apply
to the management of digital assets, including:
b.The duty of loyalty; and
c.The duty of confidentiality.
2.A fiduciary's or designated recipient's authority with respect to a digital asset of a user:
a.Is subject to the applicable terms of service except as otherwise provided in
subsection 4;
b.Is subject to other applicable law, including copyright law;
c.In the case of a fiduciary, is limited by the scope of the fiduciary's duties; and
d.May not be used to impersonate the user.
3.A fiduciary with authority over the property of a decedent, protected person, principal,
or settlor has the right to access any digital asset in which the decedent, protected
person, principal,
Free access — add to your briefcase to read the full text and ask questions with AI
1. The legal duties imposed on a fiduciary charged with managing tangible property apply
to the management of digital assets, including:
a. The duty of care;
b. The duty of loyalty; and
c. The duty of confidentiality.
2. A fiduciary's or designated recipient's authority with respect to a digital asset of a user:
a. Is subject to the applicable terms of service except as otherwise provided in
subsection 4;
b. Is subject to other applicable law, including copyright law;
c. In the case of a fiduciary, is limited by the scope of the fiduciary's duties; and
d. May not be used to impersonate the user.
3. A fiduciary with authority over the property of a decedent, protected person, principal,
or settlor has the right to access any digital asset in which the decedent, protected
person, principal, or settlor had a right or interest and which is not held by a custodian
or subject to a terms-of-service agreement.
4. A fiduciary acting within the scope of the fiduciary's duties is an authorized user of the
property of the decedent, protected person, principal, or settlor for the purpose of
applicable computer fraud and unauthorized computer access laws, including
applicable law on unauthorized computer access.
5. A fiduciary with authority over the tangible, personal property of a decedent, protected
person, principal, or settlor:
a. Has the right to access the property and any digital asset stored in it; and
b. Is an authorized user for the purpose of computer fraud and unauthorized
computer access laws, including applicable law on unauthorized computer
access.
6. A custodian may disclose information in an account to a fiduciary of the user when the
information is required to terminate an account used to access digital assets licensed
to the user.
7. A fiduciary of a user may request a custodian to terminate the user's account. A
request for termination must be in writing, in either physical or electronic form, and
accompanied by:
a. A certified copy of the death certificate of the user if the user is deceased;
b. A certified copy of the letter of appointment of the representative or a small estate
affidavit or court order, court order, power of attorney, or trust giving the fiduciary
authority over the account; and
c. If requested by the custodian:
(1) A number, username, address, or other unique subscriber or account
identifier assigned by the custodian to identify the user's account;
(2) Evidence linking the account to the user; or
(3) A finding by the court that the user had a specific account with the
custodian, identifiable by the information specified in paragraph 1.