Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
13 A 4 2 — New York Law | CourtGPT
  1. Home/
  2. Laws/
  3. New York/
  4. Ept - Estates, Powers and Trusts/
  5. Article 13-a - Administration of Digital Assets Summary of Article/
  6. Part 4 - Fiduciary Duty and Authority, Compliance and Immunity13-a-4.1 - Fiduciary Duty and Authority/
  7. 13 A 4 2
New York Legal Code

13 A 4 2

Ask AI about this
1 through 13-A-4.1, a custodian shall comply with a request under this article from a fiduciary or designated recipient to disclose digital assets or terminate an account. If the custodian fails to comply, the fiduciary or designated recipient may apply to the court for an order directing compliance. (b) An order under paragraph (a) directing compliance must contain a finding that compliance is not in violation of 18 U.S.C. section 2702, as amended. (c) A custodian may notify the user that a request for disclosure or to terminate an account was made under this article. (d) A custodian may deny a request under this article from a fiduciary or designated recipient for disclosure of 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 request. (e) This article does not limit a custodian's ability to obtain or require a fiduciary or designated recipient requesting disclosure or termination under this article to obtain a court order which: (1) specifies that

does not limit a custodian's ability to obtain or require a fiduciary or designated recipient requesting disclosure or termination under this article to obtain a court order which: (1) specifies that an account belongs to the ward or principal; (2) specifies that there is sufficient consent from the ward or principal to support the requested disclosure; and (3) contains a finding required by law other than this article. (f) A custodian and its officers, employees, and agents are immune from liability for an act or omission done in good faith in compliance with this article.