Florida Senate - 2016                              CS for SB 494
       
       
        
       By the Committee on Judiciary; and Senator Hukill
       
       
       
       
       
       590-01329-16                                           2016494c1
    1                        A bill to be entitled                      
    2         An act relating to digital assets; providing a
    3         directive to the Division of Law Revision and
    4         Information; creating s. 740.001, F.S.; providing a
    5         short title; creating s. 740.002, F.S.; defining
    6         terms; creating s. 740.003, F.S.; authorizing a user
    7         to use an online tool to allow a custodian to disclose
    8         or to prohibit a custodian from disclosing digital
    9         assets under certain circumstances; providing that
   10         specified user’s direction overrides a contrary
   11         provision in a terms-of-service agreement under
   12         certain circumstances; creating s. 740.004, F.S.;
   13         providing construction; authorizing the modification
   14         of a fiduciary’s assets under certain circumstances;
   15         creating s. 740.005, F.S.; providing procedures for
   16         the disclosure of digital assets; creating s. 740.006,
   17         F.S.; requiring a custodian to disclose the content of
   18         electronic communications of a deceased user under
   19         certain circumstances; creating s. 740.007, F.S.;
   20         requiring a custodian to disclose other digital assets
   21         of a deceased user under certain circumstances;
   22         creating s. 740.008, F.S.; requiring a custodian to
   23         disclose the content of electronic communications of a
   24         principal under certain circumstances; creating s.
   25         740.009, F.S.; requiring a custodian to disclose other
   26         digital assets of a principal under certain
   27         circumstances; creating s. 740.01, F.S.; requiring a
   28         custodian to disclose to a trustee who is the original
   29         user the digital assets held in trust under certain
   30         circumstances; creating s. 740.02, F.S.; requiring a
   31         custodian to disclose to a trustee who is not the
   32         original user the content of electronic communications
   33         held in trust under certain circumstances; creating s.
   34         740.03, F.S.; requiring a custodian to disclose to a
   35         trustee who is not the original user other digital
   36         assets under certain circumstances; creating s.
   37         740.04, F.S.; authorizing the court to grant a
   38         guardian the right to access a ward’s digital assets
   39         under certain circumstances; requiring a custodian to
   40         disclose to a guardian a specified catalog of
   41         electronic communications and specified digital assets
   42         of a ward under certain circumstances; creating s.
   43         740.05, F.S.; imposing fiduciary duties; providing for
   44         the rights and responsibilities of certain
   45         fiduciaries; creating s. 740.06, F.S.; requiring
   46         compliance of a custodian; providing construction;
   47         providing for immunity from liability for a custodian
   48         and its officers, employees, and agents acting in good
   49         faith in complying with their duties; creating s.
   50         740.07, F.S.; providing construction; creating s.
   51         740.08, F.S.; providing applicability; creating s.
   52         740.09, F.S.; providing severability; providing an
   53         effective date.
   54          
   55  Be It Enacted by the Legislature of the State of Florida:
   56  
   57         Section 1. The Division of Law Revision and Information is
   58  directed to create chapter 740, Florida Statutes, consisting of
   59  ss. 740.001-740.09, Florida Statutes, to be entitled “Fiduciary
   60  Access to Digital Assets.”
   61         Section 2. Section 740.001, Florida Statutes, is created to
   62  read:
   63         740.001 Short title.—This chapter may be cited as the
   64  “Florida Fiduciary Access to Digital Assets Act.”
   65         Section 3. Section 740.002, Florida Statutes, is created to
   66  read:
   67         740.002Definitions.—As used in this chapter, the term:
   68         (1)“Account” means an arrangement under a terms-of-service
   69  agreement in which the custodian carries, maintains, processes,
   70  receives, or stores a digital asset of the user or provides
   71  goods or services to the user.
   72         (2)“Agent” means a person that is granted authority to act
   73  for a principal under a durable or nondurable power of attorney,
   74  whether denominated an agent, an attorney in fact, or otherwise.
   75  The term includes an original agent, a co-agent, and a successor
   76  agent.
   77         (3)“Carries” means to engage in the transmission of
   78  electronic communications.
   79         (4)“Catalog of electronic communications” means
   80  information that identifies each person with which a user has
   81  had an electronic communication, the time and date of the
   82  communication, and the electronic address of the person.
   83         (5)“Content of an electronic communication” means
   84  information concerning the substance or meaning of the
   85  communication which:
   86         (a) Has been sent or received by a user;
   87         (b) Is in electronic storage by a custodian providing an
   88  electronic communication service to the public or is carried or
   89  maintained by a custodian providing a remote computing service
   90  to the public; and
   91         (c) Is not readily accessible to the public.
   92         (6)“Court” means a circuit court of this state.
   93         (7)“Custodian” means a person that carries, maintains,
   94  processes, receives, or stores a digital asset of a user.
   95         (8)“Designated recipient” means a person chosen by a user
   96  through an online tool to administer digital assets of the user.
   97         (9)“Digital asset” means an electronic record in which an
   98  individual has a right or interest. The term does not include an
   99  underlying asset or liability unless the asset or liability is
  100  itself an electronic record.
  101         (10)“Electronic” means relating to technology having
  102  electrical, digital, magnetic, wireless, optical,
  103  electromagnetic, or similar capabilities.
  104         (11)“Electronic communication” has the same meaning as
  105  provided in 18 U.S.C. s. 2510(12).
  106         (12)“Electronic communication service” means a custodian
  107  that provides to a user the ability to send or receive an
  108  electronic communication.
  109         (13)“Fiduciary” means an original, additional, or
  110  successor personal representative, guardian, agent, or trustee.
  111         (14)“Guardian” means a person who is appointed by the
  112  court as guardian of the property of a minor or an incapacitated
  113  individual. The term includes an original guardian, a co
  114  guardian, and a successor guardian, as well as a person
  115  appointed by the court as an emergency temporary guardian of the
  116  property.
  117         (15)“Information” means data, text, images, videos,
  118  sounds, codes, computer programs, software, databases, or the
  119  like.
  120         (16)“Online tool” means an electronic service provided by
  121  a custodian which allows the user, in an agreement distinct from
  122  the terms-of-service agreement between the custodian and user,
  123  to provide directions for disclosure or nondisclosure of digital
  124  assets to a third person.
  125         (17)“Person” means an individual, estate, trust, business
  126  or nonprofit entity, public corporation, government or
  127  governmental subdivision, agency, or instrumentality, or other
  128  legal entity.
  129         (18)“Personal representative” means the fiduciary
  130  appointed by the court to administer the estate of a deceased
  131  individual pursuant to letters of administration or an order
  132  appointing a curator or administrator ad litem for the estate.
  133  The term includes an original personal representative, a
  134  copersonal representative, and a successor personal
  135  representative, as well as a person who is entitled to receive
  136  and collect a deceased individual’s property pursuant to an
  137  order of summary administration issued pursuant to chapter 735.
  138         (19)“Power of attorney” means a record that grants an
  139  agent authority to act in the place of a principal pursuant to
  140  chapter 709.
  141         (20)“Principal” means an individual who grants authority
  142  to an agent in a power of attorney.
  143         (21)“Record” means information that is inscribed on a
  144  tangible medium or that is stored in an electronic or other
  145  medium and is retrievable in perceivable form.
  146         (22)“Remote computing service” means a custodian that
  147  provides to a user computer processing services or the storage
  148  of digital assets by means of an electronic communications
  149  system as defined in 18 U.S.C. s. 2510(14).
  150         (23)“Termsofservice agreement” means an agreement that
  151  controls the relationship between a user and a custodian.
  152         (24)“Trustee” means a fiduciary that holds legal title to
  153  property under an agreement, declaration, or trust instrument
  154  that creates a beneficial interest in the settlor or other
  155  persons. The term includes an original trustee, a cotrustee, and
  156  a successor trustee.
  157         (25)“User” means a person that has an account with a
  158  custodian.
  159         (26)“Ward” means an individual for whom a guardian has
  160  been appointed.
  161         (27)“Will” means an instrument admitted to probate,
  162  including a codicil, executed by an individual in the manner
  163  prescribed by the Florida Probate Code, which disposes of the
  164  individual’s property on or after his or her death. The term
  165  includes an instrument that merely appoints a personal
  166  representative or revokes or revises another will.
  167         Section 4. Section 740.003, Florida Statutes, is created to
  168  read:
  169         740.003 User direction for disclosure of digital assets.
  170         (1)A user may use an online tool to direct the custodian
  171  to disclose or not to disclose some or all of the user’s digital
  172  assets, including the content of electronic communications. If
  173  the online tool allows the user to modify or delete a direction
  174  at all times, a direction regarding disclosure using an online
  175  tool overrides a contrary direction by the user in a will,
  176  trust, power of attorney, or other record.
  177         (2)If a user has not used an online tool to give direction
  178  under subsection (1) or if the custodian has not provided an
  179  online tool, the user may allow or prohibit disclosure to a
  180  fiduciary of some or all of the user’s digital assets, including
  181  the content of electronic communications sent or received by the
  182  user, in a will, trust, power of attorney, or other record.
  183         (3)A user’s direction under subsection (1) or subsection
  184  (2) overrides a contrary provision in a terms-of-service
  185  agreement that does not require the user to act affirmatively
  186  and distinctly from the user’s assent to the terms of service.
  187         Section 5. Section 740.004, Florida Statutes, is created to
  188  read:
  189         740.004Terms-of-service agreement preserved.
  190         (1)This chapter does not change or impair a right of a
  191  custodian or a user under a terms-of-service agreement to access
  192  and use the digital assets of the user.
  193         (2) This chapter does not give a fiduciary any new or
  194  expanded rights other than those held by the user for whom, or
  195  for whose estate or trust, the fiduciary acts or represents.
  196         (3) A fiduciary’s access to digital assets may be modified
  197  or eliminated by a user, by federal law, or by a terms-of
  198  service agreement if the user has not provided direction under
  199  s. 740.003.
  200         Section 6. Section 740.005, Florida Statutes, is created to
  201  read:
  202         740.005Procedure for disclosing digital assets.—
  203         (1) When disclosing the digital assets of a user under this
  204  chapter, the custodian may, at its sole discretion:
  205         (a) Grant a fiduciary or designated recipient full access
  206  to the user’s account;
  207         (b)Grant a fiduciary or designated recipient partial
  208  access to the user’s account sufficient to perform the tasks
  209  with which the fiduciary or designated recipient is charged; or
  210         (c)Provide a fiduciary or designated recipient a copy in a
  211  record of any digital asset that, on the date the custodian
  212  received the request for disclosure, the user could have
  213  accessed if the user were alive and had full capacity and access
  214  to the account.
  215         (2)A custodian may assess a reasonable administrative
  216  charge for the cost of disclosing digital assets under this
  217  chapter.
  218         (3)A custodian is not required to disclose under this
  219  chapter a digital asset deleted by a user.
  220         (4)If a user directs or a fiduciary requests a custodian
  221  to disclose under this chapter some, but not all, of the user’s
  222  digital assets to the fiduciary or a designated recipient, the
  223  custodian is not required to disclose the assets if segregation
  224  of the assets would impose an undue burden on the custodian. If
  225  the custodian believes the direction or request imposes an undue
  226  burden, the custodian or the fiduciary may seek an order from
  227  the court to disclose:
  228         (a)A subset limited by date of the user’s digital assets;
  229         (b)All of the user’s digital assets to the fiduciary or
  230  designated recipient, or to the court for review in chambers; or
  231         (c)None of the user’s digital assets.
  232         Section 7. Section 740.006, Florida Statutes, is created to
  233  read:
  234         740.006Disclosure of content of electronic communications
  235  of deceased user.If a deceased user consented to or a court
  236  directs the disclosure of the content of electronic
  237  communications of the user, the custodian shall disclose to the
  238  personal representative of the estate of the user the content of
  239  an electronic communication sent or received by the user if the
  240  personal representative gives to the custodian:
  241         (1)A written request for disclosure which is in physical
  242  or electronic form;
  243         (2)A certified copy of the death certificate of the user;
  244         (3)A certified copy of the letters of administration, the
  245  order authorizing a curator or administrator ad litem, the order
  246  of summary administration issued pursuant to chapter 735, or
  247  other court order;
  248         (4)Unless the user provided direction using an online
  249  tool, a copy of the user’s will, trust, power of attorney, or
  250  other record evidencing the user’s consent to disclosure of the
  251  content of electronic communications; and
  252         (5)If requested by the custodian:
  253         (a)A number, username, address, or other unique subscriber
  254  or account identifier assigned by the custodian to identify the
  255  user’s account;
  256         (b)Evidence linking the account to the user; or
  257         (c)A finding by the court that:
  258         1.The user had a specific account with the custodian,
  259  identifiable by information specified in paragraph (a);
  260         2.Disclosure of the content of electronic communications
  261  of the user would not violate 18 U.S.C. s. 2701 et seq., 47
  262  U.S.C. s. 222, or other applicable law;
  263         3.Unless the user provided direction using an online tool,
  264  the user consented to disclosure of the content of electronic
  265  communications; or
  266         4.Disclosure of the content of electronic communications
  267  of the user is reasonably necessary for the administration of
  268  the estate.
  269         Section 8. Section 740.007, Florida Statutes, is created to
  270  read:
  271         740.007Disclosure of other digital assets of deceased
  272  user.—Unless a user prohibited disclosure of digital assets or
  273  the court directs otherwise, a custodian shall disclose to the
  274  personal representative of the estate of a deceased user a
  275  catalog of electronic communications sent or received by the
  276  user and digital assets of the user, except the content of
  277  electronic communications, if the personal representative gives
  278  to the custodian:
  279         (1)A written request for disclosure which is in physical
  280  or electronic form;
  281         (2)A certified copy of the death certificate of the user;
  282         (3)A certified copy of the letters of administration, the
  283  order authorizing a curator or administrator ad litem, the order
  284  of summary administration issued pursuant to chapter 735, or
  285  other court order; and
  286         (4) If requested by the custodian:
  287         (a)A number, username, address, or other unique subscriber
  288  or account identifier assigned by the custodian to identify the
  289  user’s account;
  290         (b)Evidence linking the account to the user;
  291         (c)An affidavit stating that disclosure of the user’s
  292  digital assets is reasonably necessary for the administration of
  293  the estate; or
  294         (d)An order of the court finding that:
  295         1.The user had a specific account with the custodian,
  296  identifiable by information specified in paragraph (a); or
  297         2.Disclosure of the user’s digital assets is reasonably
  298  necessary for the administration of the estate.
  299         Section 9. Section 740.008, Florida Statutes, is created to
  300  read:
  301         740.008Disclosure of content of electronic communications
  302  of principal.To the extent a power of attorney expressly grants
  303  an agent authority over the content of electronic communications
  304  sent or received by the principal and unless directed otherwise
  305  by the principal or the court, a custodian shall disclose to the
  306  agent the content if the agent gives to the custodian:
  307         (1)A written request for disclosure which is in physical
  308  or electronic form;
  309         (2)An original or copy of the power of attorney expressly
  310  granting the agent authority over the content of electronic
  311  communications of the principal;
  312         (3)A certification by the agent, under penalty of perjury,
  313  that the power of attorney is in effect; and
  314         (4)If requested by the custodian:
  315         (a)A number, username, address, or other unique subscriber
  316  or account identifier assigned by the custodian to identify the
  317  principal’s account; or
  318         (b)Evidence linking the account to the principal.
  319         Section 10. Section 740.009, Florida Statutes, is created
  320  to read:
  321         740.009Disclosure of other digital assets of principal.
  322  Unless otherwise ordered by the court, directed by the
  323  principal, or provided by a power of attorney, a custodian shall
  324  disclose to an agent with specific authority over the digital
  325  assets or with general authority to act on behalf of the
  326  principal a catalog of electronic communications sent or
  327  received by the principal, and digital assets of the principal,
  328  except the content of electronic communications, if the agent
  329  gives the custodian:
  330         (1)A written request for disclosure which is in physical
  331  or electronic form;
  332         (2)An original or a copy of the power of attorney which
  333  gives the agent specific authority over digital assets or
  334  general authority to act on behalf of the principal;
  335         (3)A certification by the agent, under penalty of perjury,
  336  that the power of attorney is in effect; and
  337         (4)If requested by the custodian:
  338         (a)A number, username, address, or other unique subscriber
  339  or account identifier assigned by the custodian to identify the
  340  principal’s account; or
  341         (b)Evidence linking the account to the principal.
  342         Section 11. Section 740.01, Florida Statutes, is created to
  343  read:
  344         740.01Disclosure of digital assets held in trust when
  345  trustee is the original user.Unless otherwise ordered by the
  346  court or provided in a trust, a custodian shall disclose to a
  347  trustee that is an original user of an account any digital asset
  348  of the account held in trust, including a catalog of electronic
  349  communications of the trustee and the content of electronic
  350  communications.
  351         Section 12. Section 740.02, Florida Statutes, is created to
  352  read:
  353         740.02Disclosure of content of electronic communications
  354  held in trust when trustee is not the original user.—Unless
  355  otherwise ordered by the court, directed by the user, or
  356  provided in a trust, a custodian shall disclose to a trustee
  357  that is not an original user of an account the content of an
  358  electronic communication sent or received by an original or
  359  successor user and carried, maintained, processed, received, or
  360  stored by the custodian in the account of the trust if the
  361  trustee gives the custodian:
  362         (1)A written request for disclosure which is in physical
  363  or electronic form;
  364         (2)A certified copy of the trust instrument, or a
  365  certification of trust under s. 736.1017, which includes consent
  366  to disclosure of the content of electronic communications to the
  367  trustee;
  368         (3)A certification by the trustee, under penalty of
  369  perjury, that the trust exists and that the trustee is a
  370  currently acting trustee of the trust; and
  371         (4)If requested by the custodian:
  372         (a)A number, username, address, or other unique subscriber
  373  or account identifier assigned by the custodian to identify the
  374  trust’s account; or
  375         (b)Evidence linking the account to the trust.
  376         Section 13. Section 740.03, Florida Statutes, is created to
  377  read:
  378         740.03Disclosure of other digital assets held in trust
  379  when trustee is not the original user.—Unless otherwise ordered
  380  by the court, directed by the user, or provided in a trust, a
  381  custodian shall disclose to a trustee that is not an original
  382  user of an account, a catalog of electronic communications sent
  383  or received by an original or successor user and stored,
  384  carried, or maintained by the custodian in an account of the
  385  trust and any digital assets in which the trust has a right or
  386  interest, other than the content of electronic communications,
  387  if the trustee gives the custodian:
  388         (1)A written request for disclosure which is in physical
  389  or electronic form;
  390         (2)A certified copy of the trust instrument, or a
  391  certification of trust under s. 736.1017;
  392         (3)A certification by the trustee, under penalty of
  393  perjury, that the trust exists and that the trustee is a
  394  currently acting trustee of the trust; and
  395         (4)If requested by the custodian:
  396         (a)A number, username, address, or other unique subscriber
  397  or account identifier assigned by the custodian to identify the
  398  trust’s account; or
  399         (b)Evidence linking the account to the trust.
  400         Section 14. Section 740.04, Florida Statutes, is created to
  401  read:
  402         740.04Disclosure of digital assets to guardian of ward.—
  403         (1)After an opportunity for a hearing under chapter 744,
  404  the court may grant a guardian access to the digital assets of a
  405  ward.
  406         (2)Unless otherwise ordered by the court or directed by
  407  the user, a custodian shall disclose to a guardian the catalog
  408  of electronic communications sent or received by the ward and
  409  any digital assets in which the ward has a right or interest,
  410  other than the content of electronic communications, if the
  411  guardian gives the custodian:
  412         (a)A written request for disclosure which is in physical
  413  or electronic form;
  414         (b)A certified copy of letters of plenary guardianship of
  415  the property or the court order that gives the guardian
  416  authority over the digital assets of the ward; and
  417         (c)If requested by the custodian:
  418         1.A number, username, address, or other unique subscriber
  419  or account identifier assigned by the custodian to identify the
  420  ward’s account; or
  421         2.Evidence linking the account to the ward.
  422         (3)A guardian with general authority to manage the
  423  property of a ward may request a custodian of the digital assets
  424  of the ward to suspend or terminate an account of the ward for
  425  good cause. A request made under this section must be
  426  accompanied by a certified copy of the court order giving the
  427  guardian authority over the ward’s property.
  428         Section 15. Section 740.05, Florida Statutes, is created to
  429  read:
  430         740.05Fiduciary duty and authority.—
  431         (1)The legal duties imposed on a fiduciary charged with
  432  managing tangible property apply to the management of digital
  433  assets, including:
  434         (a) The duty of care;
  435         (b)The duty of loyalty; and
  436         (c)The duty of confidentiality.
  437         (2)A fiduciary’s authority with respect to a digital asset
  438  of a user:
  439         (a)Except as otherwise provided in s. 740.003, is subject
  440  to the applicable termsofservice agreement;
  441         (b)Is subject to other applicable law, including copyright
  442  law;
  443         (c)Is limited by the scope of the fiduciary’s duties; and
  444         (d)May not be used to impersonate the user.
  445         (3)A fiduciary with authority over the tangible personal
  446  property of a decedent, ward, principal, or settlor has the
  447  right to access any digital asset in which the decedent, ward,
  448  principal, or settlor had or has a right or interest and that is
  449  not held by a custodian or subject to a terms-of-service
  450  agreement.
  451         (4)A fiduciary acting within the scope of the fiduciary’s
  452  duties is an authorized user of the property of the decedent,
  453  ward, principal, or settlor for the purpose of applicable
  454  computer fraud and unauthorized computer access laws, including
  455  under chapter 815.
  456         (5)A fiduciary with authority over the tangible personal
  457  property of a decedent, ward, principal, or settlor:
  458         (a)Has the right to access the property and any digital
  459  asset stored in it; and
  460         (b)Is an authorized user for the purpose of computer fraud
  461  and unauthorized computer access laws, including under chapter
  462  815.
  463         (6) A custodian may disclose information in an account to a
  464  fiduciary of the user when the information is required to
  465  terminate an account used to access digital assets licensed to
  466  the user.
  467         (7)A fiduciary of a user may request a custodian to
  468  terminate the user’s account. A request for termination must be
  469  in writing, in paper or electronic form, and accompanied by:
  470         (a)If the user is deceased, a certified copy of the death
  471  certificate of the user;
  472         (b)A certified copy of the letters of administration; the
  473  order authorizing a curator or administrator ad litem; the order
  474  of summary administration issued pursuant to chapter 735; or the
  475  court order, power of attorney, or trust giving the fiduciary
  476  authority over the account; and
  477         (c)If requested by the custodian:
  478         1.A number, username, address, or other unique subscriber
  479  or account identifier assigned by the custodian to identify the
  480  user’s account;
  481         2.Evidence linking the account to the user; or
  482         3.A finding by the court that the user had a specific
  483  account with the custodian, identifiable by the information
  484  specified in subparagraph 1.
  485         Section 16. Section 740.06, Florida Statutes, is created to
  486  read:
  487         740.06Custodian compliance and immunity.—
  488         (1)Not later than 60 days after receipt of the information
  489  required under ss. 740.006-740.04, a custodian shall comply with
  490  a request under this chapter from a fiduciary or designated
  491  recipient to disclose digital assets or terminate an account. If
  492  the custodian fails to comply, the fiduciary or designated
  493  representative may apply to the court for an order directing
  494  compliance.
  495         (2)An order under subsection (1) directing compliance must
  496  contain a finding that compliance is not in violation of 18
  497  U.S.C. s. 2702.
  498         (3)A custodian may notify a user that a request for
  499  disclosure or to terminate an account was made under this
  500  chapter.
  501         (4)A custodian may deny a request under this chapter from
  502  a fiduciary or designated representative for disclosure of
  503  digital assets or to terminate an account if the custodian is
  504  aware of any lawful access to the account following the receipt
  505  of the fiduciary’s request.
  506         (5)This chapter does not limit a custodian’s ability to
  507  obtain or require a fiduciary or designated recipient requesting
  508  disclosure or termination under this chapter to obtain a court
  509  order that:
  510         (a)Specifies that an account belongs to the ward or
  511  principal;
  512         (b)Specifies that there is sufficient consent from the
  513  ward or principal to support the requested disclosure; and
  514         (c)Contains a finding required by a law other than this
  515  chapter.
  516         (6)A custodian and its officers, employees, and agents are
  517  immune from liability for an act or omission done in good faith
  518  in compliance with this chapter.
  519         Section 17. Section 740.07, Florida Statutes, is created to
  520  read:
  521         740.07Relation to Electronic Signatures in Global and
  522  National Commerce Act.—This chapter modifies, limits, and
  523  supersedes the Electronic Signatures in Global and National
  524  Commerce Act, 15 U.S.C. ss. 7001 et seq., but does not modify,
  525  limit, or supersede s. 101(c) of that act, 15 U.S.C. s. 7001(c),
  526  or authorize electronic delivery of any of the notices described
  527  in s. 103(b) of that act, 15 U.S.C. s. 7003(b).
  528         Section 18. Section 740.08, Florida Statutes, is created to
  529  read:
  530         740.08Applicability.—
  531         (1) Subject to subsection (3), this chapter applies to:
  532         (a)A fiduciary acting under a will, trust, or power of
  533  attorney executed before, on, or after July 1, 2016;
  534         (b)A personal representative acting for a decedent who
  535  died before, on, or after July 1, 2016;
  536         (c)A guardian appointed through a guardianship proceeding,
  537  whether pending in a court or commenced before, on, or after
  538  July 1, 2016; and
  539         (d)A trustee acting under a trust created before, on, or
  540  after July 1, 2016.
  541         (2)This chapter applies to a custodian if the user resides
  542  in this state or resided in this state at the time of the user’s
  543  death.
  544         (3)This chapter does not apply to a digital asset of an
  545  employer used by an employee in the ordinary course of the
  546  employer’s business.
  547         Section 19. Section 740.09, Florida Statutes, is created to
  548  read:
  549         740.09Severability.—If any provision of this chapter or
  550  its application to any person or circumstance is held invalid,
  551  the invalidity does not affect other provisions or applications
  552  of this chapter which can be given effect without the invalid
  553  provision or application, and to this end the provisions of this
  554  chapter are severable.
  555         Section 20. This act shall take effect July 1, 2016.