1 Applicability (a) This article applies to: (1) a fiduciary acting under a will, trust or power of attorney executed before, on, or after the effective date of this article; (2) an executor, administrator or personal representative acting for a decedent who died before, on, or after the effective date of this article; (3) a guardianship proceeding commenced before, on, or after the effective date of this article; and (4) a trustee acting under a trust created before, on, or after the effective date of this article. (b) This article applies to a custodian if the user resides in this state or resided in this state at the time of the user's death. (c) This article does not apply to a digital asset of an employer used by an employee in the ordinary course of the employer's business.
New York Legal Code