TITLE 28

COMMERCIAL TRANSACTIONS

CHAPTER 53

DIGITAL ASSETS

28-5304.  Classification of digital assets. Digital assets are intangible personal property and are classified as follows:

(1)  Digital assets are intangible personal property and are general intangibles as defined in section 28-9-102, Idaho Code.

(2)  Digital securities are intangible personal property and are investment property as defined in section 28-9-102, Idaho Code.

(3)  Virtual currency is intangible personal property and is not a security, notwithstanding section 30-14-102, Idaho Code.

History:

[28-5304, added 2022, ch. 284, sec. 1, p. 902.]