Section 67-5-39 - Sheriff Node Program(1) As used in this section: (a) "Blockchain" means the same as that term is defined in Section 78B-3-112.(b) "Reversible blockchain" means the same as that term is defined in Section 78B-3-112.(c) "Sheriff node" means a computer that: (i) is connected to a reversible blockchain;(ii) is administered by the Office of the Attorney General; and(iii) allows the Office of the Attorney General to reverse a mistaken or fraudulent transaction upon receipt of: (A) a court order issued under Section 78B-3-112; or(B) an award issued in a valid and binding arbitration.(d) "Transaction" means the same as that term is defined in Section 78B-3-112.(2)(a) There is created a program known as the "Sheriff Node Program" within the Office of the Attorney General to operate a sheriff node on a reversible blockchain.(b) The attorney general shall administer the program with funds available for this purpose.(3) The attorney general shall operate the program only to reverse a transaction on a reversible blockchain upon receipt of: (a) a court order issued under Section 78B-3-112; or(b) an award issued in a valid and binding arbitration.(4) The attorney general may make rules in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, to carry out the program, including to: (a) establish the number of reversible blockchains for which the attorney general may administer a sheriff node;(b) charge and assess fees and costs for the operation of a sheriff node on a reversible blockchain;(c) establish criteria for determining the validity of an arbitration award; and(d) establish other rules reasonably necessary to efficiently carry out the sheriff node program.Added by Chapter 365, 2023 General Session ,§ 1, eff. 5/3/2023.