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Utah Code Title 13. Commerce and Trade § 13-62-102. Ownership of digital assets

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) Digital securities are intangible personal property and shall be considered securities and investment property for purposes of this chapter, Title 70A, Chapter 8, Uniform Commercial Code--Investment Securities, and Title 70A, Chapter 9a, Uniform Commercial Code--Secured Transactions.

(2) An owner of a digital user asset may demonstrate ownership of the digital user asset through control.

(3) Nothing in this chapter shall be interpreted to restrict or impair an owner's right to own a digital asset.

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Cite this article: FindLaw.com - Utah Code Title 13. Commerce and Trade § 13-62-102. Ownership of digital assets - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-13-commerce-and-trade/ut-code-sect-13-62-102/

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