Florida Senate - 2016                       CS for CS for SB 494
       
       
        
       By the Committees on Rules; and Judiciary; and Senator Hukill
       
       595-02369-16                                           2016494c2
    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         to a designated recipient or to prohibit a custodian
    9         from disclosing digital assets under certain
   10         circumstances; providing that a specified user’s
   11         direction overrides a contrary provision in a terms
   12         of-service agreement under certain circumstances;
   13         creating s. 740.004, F.S.; providing construction;
   14         authorizing the modification of a fiduciary’s or
   15         designated recipient’s access to digital assets under
   16         certain circumstances; creating s. 740.005, F.S.;
   17         providing procedures for the disclosure of digital
   18         assets; creating s. 740.006, F.S.; requiring a
   19         custodian to disclose the content of electronic
   20         communications of a deceased user under certain
   21         circumstances; creating s. 740.007, F.S.; requiring a
   22         custodian to disclose other digital assets of a
   23         deceased user under certain circumstances; creating s.
   24         740.008, F.S.; requiring a custodian to disclose the
   25         content of electronic communications of a principal
   26         under certain circumstances; creating s. 740.009,
   27         F.S.; requiring a custodian to disclose other digital
   28         assets of a principal under certain circumstances;
   29         creating s. 740.01, F.S.; requiring a custodian to
   30         disclose to a trustee who is the original user the
   31         digital assets held in trust under certain
   32         circumstances; creating s. 740.02, F.S.; requiring a
   33         custodian to disclose to a trustee who is not the
   34         original user the content of electronic communications
   35         held in trust under certain circumstances; creating s.
   36         740.03, F.S.; requiring a custodian to disclose to a
   37         trustee who is not the original user other digital
   38         assets under certain circumstances; creating s.
   39         740.04, F.S.; authorizing the court to grant a
   40         guardian the right to access a ward’s digital assets
   41         under certain circumstances; requiring a custodian to
   42         disclose to a guardian a specified catalog of
   43         electronic communications and specified digital assets
   44         of a ward under certain circumstances; creating s.
   45         740.05, F.S.; imposing fiduciary duties; providing for
   46         the rights and responsibilities of certain
   47         fiduciaries; creating s. 740.06, F.S.; requiring
   48         compliance of a custodian; providing construction;
   49         providing for immunity from liability for a custodian
   50         and its officers, employees, and agents acting in good
   51         faith in complying with their duties; creating s.
   52         740.07, F.S.; providing construction; creating s.
   53         740.08, F.S.; providing applicability; creating s.
   54         740.09, F.S.; providing severability; providing an
   55         effective date.
   56          
   57  Be It Enacted by the Legislature of the State of Florida:
   58  
   59         Section 1. The Division of Law Revision and Information is
   60  directed to create chapter 740, Florida Statutes, consisting of
   61  ss. 740.001-740.09, Florida Statutes, to be entitled “Fiduciary
   62  Access to Digital Assets.”
   63         Section 2. Section 740.001, Florida Statutes, is created to
   64  read:
   65         740.001 Short title.—This chapter may be cited as the
   66  “Florida Fiduciary Access to Digital Assets Act.”
   67         Section 3. Section 740.002, Florida Statutes, is created to
   68  read:
   69         740.002Definitions.—As used in this chapter, the term:
   70         (1)“Account” means an arrangement under a terms-of-service
   71  agreement in which the custodian carries, maintains, processes,
   72  receives, or stores a digital asset of the user or provides
   73  goods or services to the user.
   74         (2)“Agent” means a person that is granted authority to act
   75  for a principal under a durable or nondurable power of attorney,
   76  whether denominated an agent, an attorney in fact, or otherwise.
   77  The term includes an original agent, a co-agent, and a successor
   78  agent.
   79         (3)“Carries” means to engage in the transmission of
   80  electronic communications.
   81         (4)“Catalog of electronic communications” means
   82  information that identifies each person with which a user has
   83  had an electronic communication, the time and date of the
   84  communication, and the electronic address of the person.
   85         (5)“Content of an electronic communication” means
   86  information concerning the substance or meaning of the
   87  communication which:
   88         (a) Has been sent or received by a user;
   89         (b) Is in electronic storage by a custodian providing an
   90  electronic communication service to the public or is carried or
   91  maintained by a custodian providing a remote computing service
   92  to the public; and
   93         (c) Is not readily accessible to the public.
   94         (6)“Court” means a circuit court of this state.
   95         (7)“Custodian” means a person that carries, maintains,
   96  processes, receives, or stores a digital asset of a user.
   97         (8)“Designated recipient” means a person chosen by a user
   98  through an online tool to administer digital assets of the user.
   99         (9)“Digital asset” means an electronic record in which an
  100  individual has a right or interest. The term does not include an
  101  underlying asset or liability unless the asset or liability is
  102  itself an electronic record.
  103         (10)“Electronic” means relating to technology having
  104  electrical, digital, magnetic, wireless, optical,
  105  electromagnetic, or similar capabilities.
  106         (11)“Electronic communication” has the same meaning as
  107  provided in 18 U.S.C. s. 2510(12).
  108         (12)“Electronic communication service” means a custodian
  109  that provides to a user the ability to send or receive an
  110  electronic communication.
  111         (13)“Fiduciary” means an original, additional, or
  112  successor personal representative, guardian, agent, or trustee.
  113         (14)“Guardian” means a person who is appointed by the
  114  court as guardian of the property of a minor or an incapacitated
  115  individual. The term includes an original guardian, a co
  116  guardian, and a successor guardian, as well as a person
  117  appointed by the court as an emergency temporary guardian of the
  118  property.
  119         (15)“Information” means data, text, images, videos,
  120  sounds, codes, computer programs, software, databases, or the
  121  like.
  122         (16)“Online tool” means an electronic service provided by
  123  a custodian which allows the user, in an agreement distinct from
  124  the terms-of-service agreement between the custodian and user,
  125  to provide directions for disclosure or nondisclosure of digital
  126  assets to a third person.
  127         (17)“Person” means an individual, estate, trust, business
  128  or nonprofit entity, public corporation, government or
  129  governmental subdivision, agency, or instrumentality, or other
  130  legal entity.
  131         (18)“Personal representative” means the fiduciary
  132  appointed by the court to administer the estate of a deceased
  133  individual pursuant to letters of administration or an order
  134  appointing a curator or administrator ad litem for the estate.
  135  The term includes an original personal representative, a
  136  copersonal representative, and a successor personal
  137  representative, as well as a person who is entitled to receive
  138  and collect a deceased individual’s property pursuant to an
  139  order of summary administration issued pursuant to chapter 735.
  140         (19)“Power of attorney” means a record that grants an
  141  agent authority to act in the place of a principal pursuant to
  142  chapter 709.
  143         (20)“Principal” means an individual who grants authority
  144  to an agent in a power of attorney.
  145         (21)“Record” means information that is inscribed on a
  146  tangible medium or that is stored in an electronic or other
  147  medium and is retrievable in perceivable form.
  148         (22)“Remote computing service” means a custodian that
  149  provides to a user computer processing services or the storage
  150  of digital assets by means of an electronic communications
  151  system as defined in 18 U.S.C. s. 2510(14).
  152         (23)“Termsofservice agreement” means an agreement that
  153  controls the relationship between a user and a custodian.
  154         (24)“Trustee” means a fiduciary that holds legal title to
  155  property under an agreement, declaration, or trust instrument
  156  that creates a beneficial interest in the settlor or other
  157  persons. The term includes an original trustee, a cotrustee, and
  158  a successor trustee.
  159         (25)“User” means a person that has an account with a
  160  custodian.
  161         (26)“Ward” means an individual for whom a guardian has
  162  been appointed.
  163         (27)“Will” means an instrument admitted to probate,
  164  including a codicil, executed by an individual in the manner
  165  prescribed by the Florida Probate Code, which disposes of the
  166  individual’s property on or after his or her death. The term
  167  includes an instrument that merely appoints a personal
  168  representative or revokes or revises another will.
  169         Section 4. Section 740.003, Florida Statutes, is created to
  170  read:
  171         740.003 User direction for disclosure of digital assets.
  172         (1)A user may use an online tool to direct the custodian
  173  to disclose to a designated recipient or not to disclose some or
  174  all of the user’s digital assets, including the content of
  175  electronic communications. If the online tool allows the user to
  176  modify or delete a direction at all times, a direction regarding
  177  disclosure using an online tool overrides a contrary direction
  178  by the user in a will, trust, power of attorney, or other
  179  record.
  180         (2)If a user has not used an online tool to give direction
  181  under subsection (1) or if the custodian has not provided an
  182  online tool, the user may allow or prohibit disclosure to a
  183  fiduciary of some or all of the user’s digital assets, including
  184  the content of electronic communications sent or received by the
  185  user, in a will, trust, power of attorney, or other record.
  186         (3)A user’s direction under subsection (1) or subsection
  187  (2) overrides a contrary provision in a terms-of-service
  188  agreement that does not require the user to act affirmatively
  189  and distinctly from the user’s assent to the terms of service.
  190         Section 5. Section 740.004, Florida Statutes, is created to
  191  read:
  192         740.004Terms-of-service agreement preserved.
  193         (1)This chapter does not change or impair a right of a
  194  custodian or a user under a terms-of-service agreement to access
  195  and use the digital assets of the user.
  196         (2) This chapter does not give a fiduciary or a designated
  197  recipient any new or expanded rights other than those held by
  198  the user for whom, or for whose estate or trust, the fiduciary
  199  or designated recipient acts or represents.
  200         (3) A fiduciary’s or designated recipient’s access to
  201  digital assets may be modified or eliminated by a user, by
  202  federal law, or by a terms-of-service agreement if the user has
  203  not provided direction under s. 740.003.
  204         Section 6. Section 740.005, Florida Statutes, is created to
  205  read:
  206         740.005Procedure for disclosing digital assets.—
  207         (1) When disclosing the digital assets of a user under this
  208  chapter, the custodian may, at its sole discretion:
  209         (a) Grant a fiduciary or designated recipient full access
  210  to the user’s account;
  211         (b)Grant a fiduciary or designated recipient partial
  212  access to the user’s account sufficient to perform the tasks
  213  with which the fiduciary or designated recipient is charged; or
  214         (c)Provide a fiduciary or designated recipient a copy in a
  215  record of any digital asset that, on the date the custodian
  216  received the request for disclosure, the user could have
  217  accessed if the user were alive and had full capacity and access
  218  to the account.
  219         (2)A custodian may assess a reasonable administrative
  220  charge for the cost of disclosing digital assets under this
  221  chapter.
  222         (3)A custodian is not required to disclose under this
  223  chapter a digital asset deleted by a user.
  224         (4)If a user directs or a fiduciary requests a custodian
  225  to disclose under this chapter some, but not all, of the user’s
  226  digital assets to the fiduciary or a designated recipient, the
  227  custodian is not required to disclose the assets if segregation
  228  of the assets would impose an undue burden on the custodian. If
  229  the custodian believes the direction or request imposes an undue
  230  burden, the custodian or the fiduciary may seek an order from
  231  the court to disclose:
  232         (a)A subset limited by date of the user’s digital assets;
  233         (b)All of the user’s digital assets to the fiduciary or
  234  designated recipient, or to the court for review in chambers; or
  235         (c)None of the user’s digital assets.
  236         Section 7. Section 740.006, Florida Statutes, is created to
  237  read:
  238         740.006Disclosure of content of electronic communications
  239  of deceased user.If a deceased user consented to or a court
  240  directs the disclosure of the content of electronic
  241  communications of the user, the custodian shall disclose to the
  242  personal representative of the estate of the user the content of
  243  an electronic communication sent or received by the user if the
  244  personal representative gives to the custodian:
  245         (1)A written request for disclosure which is in physical
  246  or electronic form;
  247         (2)A certified copy of the death certificate of the user;
  248         (3)A certified copy of the letters of administration, the
  249  order authorizing a curator or administrator ad litem, the order
  250  of summary administration issued pursuant to chapter 735, or
  251  other court order;
  252         (4)Unless the user provided direction using an online
  253  tool, a copy of the user’s will, trust, power of attorney, or
  254  other record evidencing the user’s consent to disclosure of the
  255  content of electronic communications; and
  256         (5)If requested by the custodian:
  257         (a)A number, username, address, or other unique subscriber
  258  or account identifier assigned by the custodian to identify the
  259  user’s account;
  260         (b)Evidence linking the account to the user; or
  261         (c)A finding by the court that:
  262         1.The user had a specific account with the custodian,
  263  identifiable by information specified in paragraph (a);
  264         2.Disclosure of the content of electronic communications
  265  of the user would not violate 18 U.S.C. s. 2701 et seq., 47
  266  U.S.C. s. 222, or other applicable law;
  267         3.Unless the user provided direction using an online tool,
  268  the user consented to disclosure of the content of electronic
  269  communications; or
  270         4.Disclosure of the content of electronic communications
  271  of the user is reasonably necessary for the administration of
  272  the estate.
  273         Section 8. Section 740.007, Florida Statutes, is created to
  274  read:
  275         740.007Disclosure of other digital assets of deceased
  276  user.—Unless a user prohibited disclosure of digital assets or
  277  the court directs otherwise, a custodian shall disclose to the
  278  personal representative of the estate of a deceased user a
  279  catalog of electronic communications sent or received by the
  280  user and digital assets of the user, except the content of
  281  electronic communications, if the personal representative gives
  282  to the custodian:
  283         (1)A written request for disclosure which is in physical
  284  or electronic form;
  285         (2)A certified copy of the death certificate of the user;
  286         (3)A certified copy of the letters of administration, the
  287  order authorizing a curator or administrator ad litem, the order
  288  of summary administration issued pursuant to chapter 735, or
  289  other court order; and
  290         (4) If requested by the custodian:
  291         (a)A number, username, address, or other unique subscriber
  292  or account identifier assigned by the custodian to identify the
  293  user’s account;
  294         (b)Evidence linking the account to the user;
  295         (c)An affidavit stating that disclosure of the user’s
  296  digital assets is reasonably necessary for the administration of
  297  the estate; or
  298         (d)An order of the court finding that:
  299         1.The user had a specific account with the custodian,
  300  identifiable by information specified in paragraph (a); or
  301         2.Disclosure of the user’s digital assets is reasonably
  302  necessary for the administration of the estate.
  303         Section 9. Section 740.008, Florida Statutes, is created to
  304  read:
  305         740.008Disclosure of content of electronic communications
  306  of principal.To the extent a power of attorney expressly grants
  307  an agent authority over the content of electronic communications
  308  sent or received by the principal and unless directed otherwise
  309  by the principal or the court, a custodian shall disclose to the
  310  agent the content if the agent gives to the custodian:
  311         (1)A written request for disclosure which is in physical
  312  or electronic form;
  313         (2)An original or copy of the power of attorney expressly
  314  granting the agent authority over the content of electronic
  315  communications of the principal;
  316         (3)A certification by the agent, under penalty of perjury,
  317  that the power of attorney is in effect; and
  318         (4)If requested by the custodian:
  319         (a)A number, username, address, or other unique subscriber
  320  or account identifier assigned by the custodian to identify the
  321  principal’s account; or
  322         (b)Evidence linking the account to the principal.
  323         Section 10. Section 740.009, Florida Statutes, is created
  324  to read:
  325         740.009Disclosure of other digital assets of principal.
  326  Unless otherwise ordered by the court, directed by the
  327  principal, or provided by a power of attorney, a custodian shall
  328  disclose to an agent with specific authority over the digital
  329  assets or with general authority to act on behalf of the
  330  principal a catalog of electronic communications sent or
  331  received by the principal, and digital assets of the principal,
  332  except the content of electronic communications, if the agent
  333  gives the custodian:
  334         (1)A written request for disclosure which is in physical
  335  or electronic form;
  336         (2)An original or a copy of the power of attorney which
  337  gives the agent specific authority over digital assets or
  338  general authority to act on behalf of the principal;
  339         (3)A certification by the agent, under penalty of perjury,
  340  that the power of attorney is in effect; and
  341         (4)If requested by the custodian:
  342         (a)A number, username, address, or other unique subscriber
  343  or account identifier assigned by the custodian to identify the
  344  principal’s account; or
  345         (b)Evidence linking the account to the principal.
  346         Section 11. Section 740.01, Florida Statutes, is created to
  347  read:
  348         740.01Disclosure of digital assets held in trust when
  349  trustee is the original user.Unless otherwise ordered by the
  350  court or provided in a trust, a custodian shall disclose to a
  351  trustee that is an original user of an account any digital asset
  352  of the account held in trust, including a catalog of electronic
  353  communications of the trustee and the content of electronic
  354  communications.
  355         Section 12. Section 740.02, Florida Statutes, is created to
  356  read:
  357         740.02Disclosure of content of electronic communications
  358  held in trust when trustee is not the original user.—Unless
  359  otherwise ordered by the court, directed by the user, or
  360  provided in a trust, a custodian shall disclose to a trustee
  361  that is not an original user of an account the content of an
  362  electronic communication sent or received by an original or
  363  successor user and carried, maintained, processed, received, or
  364  stored by the custodian in the account of the trust if the
  365  trustee gives the custodian:
  366         (1)A written request for disclosure which is in physical
  367  or electronic form;
  368         (2)A certified copy of the trust instrument, or a
  369  certification of trust under s. 736.1017, which includes consent
  370  to disclosure of the content of electronic communications to the
  371  trustee;
  372         (3)A certification by the trustee, under penalty of
  373  perjury, that the trust exists and that the trustee is a
  374  currently acting trustee of the trust; and
  375         (4)If requested by the custodian:
  376         (a)A number, username, address, or other unique subscriber
  377  or account identifier assigned by the custodian to identify the
  378  trust’s account; or
  379         (b)Evidence linking the account to the trust.
  380         Section 13. Section 740.03, Florida Statutes, is created to
  381  read:
  382         740.03Disclosure of other digital assets held in trust
  383  when trustee is not the original user.—Unless otherwise ordered
  384  by the court, directed by the user, or provided in a trust, a
  385  custodian shall disclose to a trustee that is not an original
  386  user of an account, a catalog of electronic communications sent
  387  or received by an original or successor user and stored,
  388  carried, or maintained by the custodian in an account of the
  389  trust and any digital assets in which the trust has a right or
  390  interest, other than the content of electronic communications,
  391  if the trustee gives the custodian:
  392         (1)A written request for disclosure which is in physical
  393  or electronic form;
  394         (2)A certified copy of the trust instrument, or a
  395  certification of trust under s. 736.1017;
  396         (3)A certification by the trustee, under penalty of
  397  perjury, that the trust exists and that the trustee is a
  398  currently acting trustee of the trust; and
  399         (4)If requested by the custodian:
  400         (a)A number, username, address, or other unique subscriber
  401  or account identifier assigned by the custodian to identify the
  402  trust’s account; or
  403         (b)Evidence linking the account to the trust.
  404         Section 14. Section 740.04, Florida Statutes, is created to
  405  read:
  406         740.04Disclosure of digital assets to guardian of ward.—
  407         (1)After an opportunity for a hearing under chapter 744,
  408  the court may grant a guardian access to the digital assets of a
  409  ward.
  410         (2)Unless otherwise ordered by the court or directed by
  411  the user, a custodian shall disclose to a guardian the catalog
  412  of electronic communications sent or received by the ward and
  413  any digital assets in which the ward has a right or interest,
  414  other than the content of electronic communications, if the
  415  guardian gives the custodian:
  416         (a)A written request for disclosure which is in physical
  417  or electronic form;
  418         (b)A certified copy of letters of plenary guardianship of
  419  the property or the court order that gives the guardian
  420  authority over the digital assets of the ward; and
  421         (c)If requested by the custodian:
  422         1.A number, username, address, or other unique subscriber
  423  or account identifier assigned by the custodian to identify the
  424  ward’s account; or
  425         2.Evidence linking the account to the ward.
  426         (3)A guardian with general authority to manage the
  427  property of a ward may request a custodian of the digital assets
  428  of the ward to suspend or terminate an account of the ward for
  429  good cause. A request made under this section must be
  430  accompanied by a certified copy of the court order giving the
  431  guardian authority over the ward’s property.
  432         Section 15. Section 740.05, Florida Statutes, is created to
  433  read:
  434         740.05Fiduciary duty and authority.—
  435         (1)The legal duties imposed on a fiduciary charged with
  436  managing tangible property apply to the management of digital
  437  assets, including:
  438         (a) The duty of care;
  439         (b)The duty of loyalty; and
  440         (c)The duty of confidentiality.
  441         (2)A fiduciary’s or designated recipient’s authority with
  442  respect to a digital asset of a user:
  443         (a)Except as otherwise provided in s. 740.003, is subject
  444  to the applicable termsofservice agreement;
  445         (b)Is subject to other applicable law, including copyright
  446  law;
  447         (c)In the case of a fiduciary, is limited by the scope of
  448  the fiduciary’s duties; and
  449         (d)May not be used to impersonate the user.
  450         (3)A fiduciary with authority over the tangible personal
  451  property of a decedent, ward, principal, or settlor has the
  452  right to access any digital asset in which the decedent, ward,
  453  principal, or settlor had or has a right or interest and that is
  454  not held by a custodian or subject to a terms-of-service
  455  agreement.
  456         (4)A fiduciary acting within the scope of the fiduciary’s
  457  duties is an authorized user of the property of the decedent,
  458  ward, principal, or settlor for the purpose of applicable
  459  computer fraud and unauthorized computer access laws, including
  460  under chapter 815.
  461         (5)A fiduciary with authority over the tangible personal
  462  property of a decedent, ward, principal, or settlor:
  463         (a)Has the right to access the property and any digital
  464  asset stored in it; and
  465         (b)Is an authorized user for the purpose of computer fraud
  466  and unauthorized computer access laws, including under chapter
  467  815.
  468         (6)A custodian may disclose information in an account to a
  469  fiduciary of the user when the information is required to
  470  terminate an account used to access digital assets licensed to
  471  the user.
  472         (7)A fiduciary of a user may request a custodian to
  473  terminate the user’s account. A request for termination must be
  474  in writing, in paper or electronic form, and accompanied by:
  475         (a)If the user is deceased, a certified copy of the death
  476  certificate of the user;
  477         (b)A certified copy of the letters of administration; the
  478  order authorizing a curator or administrator ad litem; the order
  479  of summary administration issued pursuant to chapter 735; or the
  480  court order, power of attorney, or trust giving the fiduciary
  481  authority over the account; and
  482         (c)If requested by the custodian:
  483         1.A number, username, address, or other unique subscriber
  484  or account identifier assigned by the custodian to identify the
  485  user’s account;
  486         2.Evidence linking the account to the user; or
  487         3.A finding by the court that the user had a specific
  488  account with the custodian, identifiable by the information
  489  specified in subparagraph 1.
  490         Section 16. Section 740.06, Florida Statutes, is created to
  491  read:
  492         740.06Custodian compliance and immunity.—
  493         (1)Not later than 60 days after receipt of the information
  494  required under ss. 740.006-740.04, a custodian shall comply with
  495  a request under this chapter from a fiduciary or designated
  496  recipient to disclose digital assets or terminate an account. If
  497  the custodian fails to comply, the fiduciary or designated
  498  recipient may apply to the court for an order directing
  499  compliance.
  500         (2)An order under subsection (1) directing compliance must
  501  contain a finding that compliance is not in violation of 18
  502  U.S.C. s. 2702.
  503         (3)A custodian may notify a user that a request for
  504  disclosure or to terminate an account was made under this
  505  chapter.
  506         (4)A custodian may deny a request under this chapter from
  507  a fiduciary or designated recipient for disclosure of digital
  508  assets or to terminate an account if the custodian is aware of
  509  any lawful access to the account following the receipt of the
  510  fiduciary’s request.
  511         (5)This chapter does not limit a custodian’s ability to
  512  obtain or require a fiduciary or designated recipient requesting
  513  disclosure or termination under this chapter to obtain a court
  514  order that:
  515         (a)Specifies that an account belongs to the ward or
  516  principal;
  517         (b)Specifies that there is sufficient consent from the
  518  ward or principal to support the requested disclosure; and
  519         (c)Contains a finding required by a law other than this
  520  chapter.
  521         (6)A custodian and its officers, employees, and agents are
  522  immune from liability for an act or omission done in good faith
  523  in compliance with this chapter.
  524         Section 17. Section 740.07, Florida Statutes, is created to
  525  read:
  526         740.07Relation to Electronic Signatures in Global and
  527  National Commerce Act.—This chapter modifies, limits, and
  528  supersedes the Electronic Signatures in Global and National
  529  Commerce Act, 15 U.S.C. ss. 7001 et seq., but does not modify,
  530  limit, or supersede s. 101(c) of that act, 15 U.S.C. s. 7001(c),
  531  or authorize electronic delivery of any of the notices described
  532  in s. 103(b) of that act, 15 U.S.C. s. 7003(b).
  533         Section 18. Section 740.08, Florida Statutes, is created to
  534  read:
  535         740.08Applicability.—
  536         (1) Subject to subsection (3), this chapter applies to:
  537         (a)A fiduciary acting under a will, trust, or power of
  538  attorney executed before, on, or after July 1, 2016;
  539         (b)A personal representative acting for a decedent who
  540  died before, on, or after July 1, 2016;
  541         (c)A guardian appointed through a guardianship proceeding,
  542  whether pending in a court or commenced before, on, or after
  543  July 1, 2016; and
  544         (d)A trustee acting under a trust created before, on, or
  545  after July 1, 2016.
  546         (2)This chapter applies to a custodian if the user resides
  547  in this state or resided in this state at the time of the user’s
  548  death.
  549         (3)This chapter does not apply to a digital asset of an
  550  employer used by an employee in the ordinary course of the
  551  employer’s business.
  552         Section 19. Section 740.09, Florida Statutes, is created to
  553  read:
  554         740.09Severability.—If any provision of this chapter or
  555  its application to any person or circumstance is held invalid,
  556  the invalidity does not affect other provisions or applications
  557  of this chapter which can be given effect without the invalid
  558  provision or application, and to this end the provisions of this
  559  chapter are severable.
  560         Section 20. This act shall take effect July 1, 2016.