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Kentucky · Snapshot 09/05/2026

KRS 395A.150: Fiduciary duty and authority.

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Where this section sits in the code
  1. KRS Chapter 395A

(1) The legal duties imposed on a fiduciary charged with managing tangible property

apply to the management of digital assets, including:

(a) The duty of care;

(b) The duty of loyalty; and

(c) The duty of confidentiality.

(2) A fiduciary's or designated recipi ent's authority with respect to a digital asset of a

user:

(a) Except as otherwise provided in KRS 395A.040, is subject to the applicable

terms of service;

(b) Is subject to other applicable law, including copyright law;

(c) In the case of a fiduciary, is limited by the scope of the fiduciary's duties; and

(d) May not be used to impersonate the user.

(3) 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, principal, or settlor had a right or interest and that is not held by a

custodian or subject to a terms-of-service agreement.

(4) A fiduciary acting within the scope of the fiduciary's duties is an authorized user of

the property of the decedent, protected person, principal, or settlor for the purpose

of applicable computer fraud and unauthorized computer access laws, including

KRS 434.840 to 434.860.

(5) A fiduciary with authority over the tangible, personal property of a decede nt,

protected person, principal, or settlor:

(a) Has the right to access the property and any digital asset stored in it; and

(b) Is an authorized user for the purpose of computer fraud and unauthorized

computer access laws, including KRS 434.840 to 434.860.

(6) A custodian may disclose information in an account to a fiduciary of the user when

the information is required to terminate an account used to access digital assets

licensed to the user.

(7) A fiduciary of a user may request a custodian to terminate the user's account. A

request for termination must be in writing, in either physical or electronic form, and

accompanied by:

(a) If the user is deceased, a certified copy of the death certificate of the user;

(b) A certified copy of the order of appointment of the personal representative, the

order dispensing with administration pursuant to KRS 395.455, power of

attorney, trust, or other court order giving the fiduciary authority over the

account; and

(c) If requested by the custodian:

1. A number, username, address, or other unique subscriber or account

identifier assigned by the custodian to identify the user's account;

2. Evidence linking the account to the user; or

3. A finding by the court that the user had a specific account with the

custodian, identifiable by the information specified in subparagraph 1. of

this paragraph.

Collected 2026-09-05T20:59:27Z. Source file · JSON

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