Docx Software - Uniform Electronic Transactions Act Online For Free

An electronic record can be any information that is created, used, or stored in a medium other than paper. The UETA has been adopted in 49 states, the District of Columbia, Puerto Rico, and the US Virgin Islands.

It guarantees that electronic signatures are given the same legal weight as handwritten signatures. The UETA is applicable in both business and e-commerce transactions, and it provides some legal recourse if things go wrong in an electronic transaction. However, it doesn't apply to wills or testamentary trusts.

An act published by the Uniform Law Commission in 1999 giving electronic signatures and records (including contracts) the same legal effect as traditional handwritten signatures and paper documents under the statute of frauds.

The Uniform Electronic Transactions Act (UETA) establishes the legal equivalence of electronic records and signatures with paper writings and manually-signed signatures, removing barriers to electronic commerce.

(a) A record or signature may not be denied legal effect or enforceability solely because it is in electronic form. (b) A contract may not be denied legal effect or enforceability solely because an electronic record was used in its formation.

The Uniform Electronic Transactions Act (UETA) establishes the legal equivalence of electronic records and signatures with paper writings and manually-signed signatures, removing barriers to electronic commerce.

It's thus not the same as a federal law, which is enacted at the federal level and thus applies in all states. The key principles of UETA are: All else being equal, electronic contracts and records are just as valid as their paper equivalents.