Idaho Code § 28-5304

Current through the 2024 Regular Session
Section 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.

Idaho Code § 28-5304

Added by 2022 Session Laws, ch. 284, sec. 1, eff. 7/1/2022.