South Carolina Statutes

§ 62-2-1075 — Fiduciary duty and authority.

South Carolina·Title 62 SOUTH CAROLINA PROBATE CODE·Ch. ARTICLE 2 - INTESTATE SUCCESSION AND WILLS
(A)The legal duties imposed on a fiduciary charged with managing tangible property apply to the management of digital assets, including the:
(1)duty of care;
(2)duty of loyalty; and (3) duty of confidentiality.
(B)A fiduciary's or designated recipient's authority with respect to a digital asset of a user:
(1)except as otherwise provided in Section 62-2-1020, is subject to the applicable terms of service;
(2)in the case of a fiduciary, is subject to other applicable law, including copyright law;
(3)is limited by the scope of the fiduciary's duties; and (4) may not be used to impersonate the user.
(C)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, pri

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Legislative History

HISTORY: 2016 Act No. 260 (S.908), SECTION 2, eff June 3, 2016.

Nearby Sections

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