Utah Code Ann. § 13-62-102 – Ownership of digital assets.

Technically renumbered to avoid duplication of newly enacted Chapter also in SB 227, Chapter 462.

(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.

Enacted by Chapter 448, 2022 General Session