Electronic Signature Transactions have Same Validity & Legality as Paper Transactions
Electronic Transactions Would Be Afforded the Same Validity and Legality as Paper Transactions
Background: Enactment of electronic laws – the Electronic Signatures in global commerce Act (ESIGN, the federal statute) and the Uniform Electronic Transactions Act (UETA – adopted by forty-six states) are basically similar and were designed to facilitate electronic transactions consistent with other applicable law by simplifying, clarifying and modernizing the law governing commerce and governmental transactions through the use of electronic means.
