At its annual meeting in Seattle the Uniform Laws Commission approved the work of its Fiduciary Access to Digital Assets committee on July 16th. This approval finalizes the Uniform Fiduciary Access to Digital Assets Act and makes it available for state legislatures to consider. In addition to creating consistency among state laws this effort will also encourage states to adopt the legislation as many interested companies and industry stakeholders have already negotiated the provisions of the act.
The draft submitted for approval is below:
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