§ 2-3-1016 — Custodian compliance and immunity

Wyoming § 2-3-1016

• Jurisdiction: Wyoming
• Title 02: Wills, Decedents' Estates and Probate Code
• Ch. 3: FIDUCIARIES
• Art. 10: UNIFORM FIDUCIARY ACCESS TO DIGITAL ASSETS ACT

Text

(a) Not later than sixty (60) days after receipt of the
information required under W.S. 2-3-1007 through 2-3-1015, a
custodian shall comply with a request from a fiduciary or
designated recipient under this act to disclose digital assets
or terminate an account. If the custodian fails to comply, the
fiduciary or designated representative may apply to the circuit
court or other court of competent jurisdiction for an order
directing compliance.
(b) An order under subsection (a) of this section
directing compliance shall contain a finding that compliance is
not in violation of section 2702 of title 18 of the United
States Code, as amended.
(c) A custodian may notify the user that a request for
disclosure of digital assets or to terminate an account was made
under this act.
(d) A custodian may deny a request from a fiduciary or
designated representative under this act to disclose digital
assets or to terminate an account if the custodian is aware of
any lawful access to the account following the receipt of the
fiduciary's or personal representative's request.
(e) This act does not limit a custodian's ability to
obtain or require a fiduciary or designated representative
requesting disclosure of digital assets or termination of an
account under this act to obtain a court order that:
(i) Specifies the account belongs to the ward or
principal;
(ii) Specifies there is sufficient consent from the
ward or principal to support the requested disclosure; and
(iii) Contains a finding required by law in addition
to any finding required under this act.
(f) A custodian and any officers, employees or agents of
the custodian are immune from liability for an act or omission
done in good faith to comply with the provisions of this act.